Kering SA (PPRUF) reports a challenging year with a 12% revenue decline, while emphasizing long-term brand health and ...
With robust growth in premium sectors, India is filling the gap left by China and attracting several global luxury brands to expand their footprint in the country. India is now the largest single ...
Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
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.
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following press conference.
The Manila Times on MSN3h
Gucci owner's annual profit plunges
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house. Its share price ...
Intel jumps after Vice President JD Vance vows that artificial-intelligence chips will be made in the U.S., Super Micro Computer falls ahead of its fiscal second-quarter business update, and both ...