Kering shares fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts’ expectations for the first quarter, unnerving investors as the group navigates a slowdown in ...

PARIS, April 23 - The crisis at Kering's (PRTP.PA), opens new tab flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged possible job cuts with no signs of ...

Today Gucci-parent Kering reported that its revenue fell by 14% first quarter of 2025, echoing weak results reported by LVMH earlier in the week. According to a report from WWD, Kering cited weak ...

Kering reported revenues fell 14 percent to 3.88 billion euros in the first quarter of 2025, dragged down by low store traffic and weak wholesale numbers at Gucci, where sales dropped 25 percent ...

Kering posted lower sales that undershot analysts’ forecasts for the first quarter, as a slowdown in luxury-goods spending continues to plague an industry that is now up against heightened ...

PARIS -The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it reported sales below market expectations amid a worsening economic environment.

Welcome to the Kering 2025 First Quarter Revenue Conference Call and Webcast. Please be advised that today's conference call is being recorded. As a reminder, all participants are in listen-only mode.

PARIS -The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged possible job cuts with no signs of improvement in sight. Kering's ...

Shares of Kering dropped 5.42% in opening trade today after the company reported first-quarter sales below analysts' expectations. Kering's first-quarter sales, marked by a 14% annual decline with ...

With a history dating back to at least the 13th century, the Fisherman’s Ring is among the most recognizable items of papal regalia. Named after St. Peter, who was a fisherman and, according to ...

The CEO of the French luxury group Kering, François-Henri Pinault (right), talks with the group's legal director, Eric Sandrin, in Paris, April 27, 2023. BERTRAND GUAY/AFP Kering is still unsure ...

[PARIS] The crisis at Kering’s flagship Gucci label deepened in the first quarter, the company said on Wednesday (Apr 23) as it flagged possible job cuts with no signs of improvement in sight.