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Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of ...
Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.
Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three ...
The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...
Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its ...
Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to ...
Gucci-owner Kering is in talks with a member of the Qatari royal family for the sale of a building in Milan's top shopping ...
The Gucci parent company posted a 46% net income decline for the first half of fiscal 2025, while Q2 revenue sank 18%.
Kering's Q2 results confirm ongoing crisis: group revenue fell 15% y/y, with Gucci sales plunging 25% and no signs of ...
Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...
The VIP dinner, with a host committee including Salma Hayek Pinault and Madonna, supports organizations that address ...
Kering reported last month that recurring operating profit fell 15 percent to 4.75 billion euros in 2023, and it expects another decline this year, particularly in the first half.
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