Gucci sent a collection of furry coats, slim pencil skirts and slip dresses down the catwalk for its fall-winter show, a ...
Gucci showcased a new collection featuring furry coats, elegant dresses, and stylish suits during its fall-winter show amidst a period of transformation. As the Italian luxury brand awaits a new ...
French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...
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 ...
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...
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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, ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...
Kering’s revenue fell by less than analysts expected in the fourth quarter as the Gucci owner seeks to reinvigorate a turnaround plan for its core brand. Some luxury groups have pointed to signs ...
Gucci's profitability was severely hit, as evident in first-half results that saw operating income down 44%. There are two macro challenges facing the luxury market as a whole, including Kering.