Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
The French luxury group reported lower revenue at a time when some peers have signaled a potential rebound in demand.
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
Kering Eyewear, which celebrated its tenth anniversary in 2024, was one of the shining stars in the group’s performance, recording a +6% like-for-like increase in revenues.
Of this, Kering Beauté’s revenue was €323m, with the 2023 acquisition of luxury perfume house Creed consolidated over the ...