Quiet luxury is a big source of the luxury industry's woes, Bank of America analysts said ... scaling back on spending. Kering, the owner of Gucci, YSL, and Balenciaga, saw its stock fall more ...
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...
I sincerely appreciate how he honored Gucci’s craftsmanship and heritage with such commitment.” Francesca Bellettini, Kering Deputy CEO in charge of Brand Development, declared: “I sincerely ...
I sincerely appreciate how he honored Gucci's craftsmanship and heritage with such commitment.” Francesca Bellettini, Kering Deputy CEO in charge of Brand Development, declared: "I sincerely thank ...
We are maintaining our fair value estimate for narrow-moat Kering after the company announced the departure of Gucci’s creative director Sabato de Sarno. The announcement is not unexpected ...
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...
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