Gucci sent a collection of furry coats, slim pencil skirts and slip dresses down the catwalk for its fall-winter show, a ...
French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri Pinault said.
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
Amid a transitional moment for the house, it embraced its heritage with a fresh perspective, blending craftsmanship, ...
Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...
I sincerely appreciate how he honored Gucci’s craftsmanship and heritage with such commitment.” Francesca Bellettini, Kering Deputy CEO in charge of Brand Development, declared: “I sincerely ...
Kering’s annual recurring operating income fell 46% to €2.55 billion ($2.63 billion) last year, the French fashion group said, the lowest since 2016. Aside from Gucci, Kering’s labels ...
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Gucci sales drop by 24% as per its Q4 reports
Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...