The luxury market has had a stagnant 2024, but Gucci owner Kering has seen a far worse performance at the stock markets. Gucci's waning popularity has impacted the company's profits and ...
Meanwhile, Gucci is in a more difficult position than rivals, as it caters to affluent rather than super-rich shoppers. LVMH Moet Hennessy Louis Vuitton SE, owner of Louis Vuitton and Loewe, which ...
Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties to French private equity firm Ardian SAS for €837 million (~$862 ...
Kering agreed to sell a stake in three prestigious Parisian real-estate assets to Ardian, setting up a joint venture with the private equity group. The French group—which owns Gucci, Yves Saint ...