Francois-Henri Pinault, Kering SA’s chief executive officer, said he doesn’t expect an improvement in Chinese demand this ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
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.
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
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Kering SA (PPRUF) reports a challenging year with a 12% revenue decline, while emphasizing long-term brand health and ...
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...
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