Kering’s Q4 Earnings Drop 12% as the Luxe Conglomerate Takes in $4.5 Billion
Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...
Gucci Sales Fall 24%
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
China’s wealthy shoppers have a new mentality—and it’s terrible news for luxury brands like LVMH and Kering who bet billions on their loyalty
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
Gucci sales slump continues as market awaits turnaround
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
Kering’s Annual Profits Plunge Amid Challenging Year for Luxury Giant
French luxury conglomerate Kering, known for owning iconic brands like Gucci, Balenciaga, and Saint Laurent, has reported a sharp decline in annual profits, marking a tough year for the company. The ...
Kering stock surges 5% despite Gucci’s slow sales: here’s why
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales.
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Gucci sales tumble as Kering turnaround fails to take shape
GUCCI quarterly sales tumbled as Kering’s biggest label struggles to emerge from an extended demand downturn. Read more at The Business Times.
Kering shares rise as earnings beat forecasts, Gucci shows signs of improvement
Investing.com -- Kering (EPA: PRTP) shares jumped over 5% on Tuesday after the luxury goods group reported fourth-quarter ...
From Runways to Resorts: Fashion Executives Are Reshaping Luxury Hospitality
Fashion executives are arriving at hospitality companies amid an explosion in hotels branded after such famous fashion houses ...
3 Reasons Why Kering Can Outperform Following 2024 Collapse
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
Gucci’s Top Designer Departs as Brand Loses Mojo
The exit of the fashion house's creative director illustrates its struggle to reinvent itself.
Design chief De Sarno leaves Gucci as brand seeks revival
Gucci-owner Kering said on Thursday its creative director Sabato de Sarno would leave the Italian flagship label after less than two years in the job, the latest high-profile designer change as the ...