Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
Kering, the Pinault family takes a step away from high fashion (Gucci) and focuses on luxury cruises
Billionaire Pinault, owner of iconic brands such as Gucci and Balenciaga, has decided to increase his investments in a sector ...
CNBC on MSN14d
Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
12d
GlobalData on MSNGucci owner Kering sees 12% revenue drop in 2024The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...
On Tuesday, Kering said its sales fell 12 per cent to €4.97 billion in the fourth quarter ending 31 December — slightly ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results