He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...
NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.