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.
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
STORY: Gucci-owner Kering wasn't in fashion with buyers during the fourth quarter.The French luxury group reported a 12% drop ...
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround.
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following press conference.