Kering SA (PPRUF) reports a challenging year with a 12% revenue decline, while emphasizing long-term brand health and ...
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.
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Gucci owner Kering sees 12% revenue drop in 2024
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.