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 ...
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 slump at its main brand Gucci, it said on Tuesday, but a slight improvement in ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...
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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’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.
On Tuesday, Kering said its sales fell 12 per cent to €4.97 billion in the fourth quarter ending 31 December — slightly ...
Who is Sabato De Sarno?” It seems like a rather rude question to ask in a piece dedicated to Madame Frida Giannini, the ...