The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
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French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
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 ...
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French luxury group Kering has parted with the designer of its biggest brand, Gucci, just two years after ...
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