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 ...

Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...

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 ...

Billionaire Pinault, owner of iconic brands such as Gucci and Balenciaga, has decided to increase his investments in a sector ...

Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...

Kering has owned Gucci since 2004. You can invest in Gucci by buying Kering shares (KER) on the Euronext Paris or via international ETFs like VXUS and IEFA. Kering controls other luxury brands ...

Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...

Kering’s revenue fell by less than analysts expected in the fourth quarter as the Gucci owner seeks to reinvigorate a turnaround plan for its core brand. Some luxury groups have pointed to signs ...