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 ...
Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...
CNBC on MSN10d
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 ...
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 SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
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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.
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
Reuters on MSN10d
Gucci sales slump continues as Kering seeks new designerPARIS: French luxury group Kering reported a 12% drop in fourth-quarter sales on Tuesday, dragged lower by its Italian brand ...
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 ...
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