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 ...
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
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.
Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...
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Gucci owner Kering'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 ...
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...