Shares in Gucci-owner Kering rise on turnaround hopes
STORY: Gucci-owner Kering wasn't in fashion with buyers during the fourth quarter.The French luxury group reported a 12% drop ...
Kering hoped a big turnaround would save its flagship brands. With Gucci’s creative director gone, is the revival already unraveling?
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
Gucci sales slump continues as Kering seeks new designer
PARIS (Reuters) -French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its ...
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Gucci slump continues to weigh on luxury goods group Kering
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
Kering beats forecasts as Q4 sales fall less than expected
Shares in Kering were rising in Paris on Tuesday after the French luxury goods firm reassured investors with ...
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Gucci sales tumble as Kering turnaround fails to take shape
GUCCI quarterly sales tumbled as Kering’s biggest label struggles to emerge from an extended demand downturn. Read more at The Business Times.
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Gucci and Chanel in the Valley of Tears
Luxury fashion is about desire—about objects of near-mystical allure, woven from craftsmanship and creative vision. But today ...
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Gucci faces uphill battle as Kering profits slump
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...
Kering hit by weak sales at Gucci
Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.39bn. At Gucci, which typically accounts for about half of group sales and two-thirds of profits, sales fell 24 per cent ...
Gucci slump continues to weigh on Kering
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...
Kering earnings call: Analysts focused on Gucci outlook after FY results
Kering (EPA: PRTP ), the parent company of the luxury brand Gucci, conducted a conference call today to discuss its full-year financial results and provide insights into its future strategies. At ...