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.
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter ...
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
Gucci’s abrupt announcement on Thursday that Sabato De Sarno will depart as creative director was a stark and understated ...
Dakota Johnson put a sultry spin on monochrome dressing at “SNL 50: The Anniversary Special” on Sunday in New York. The ...