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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.
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.
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...
Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following press conference.
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
With tariffs looming and a luxury market in flux, designers went back to the basics at New York Fashion Week ...
Gucci, worn by celebrities including actress Daisy Edgar-Jones (pictured), saw revenues in the three months to the end of ...
With robust growth in premium sectors, India is filling the gap left by China and attracting several global luxury brands to expand their footprint in the country. India is now the largest single ...
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