Gucci sales slump continues as Kering seeks new designer
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
Gucci Parent Kering Posts Revenue Slump
The French luxury group reported lower revenue at a time when some peers have signaled a potential rebound in demand.
Kering slightly beats fourth-quarter forecasts but sales at embattled Gucci brand plunge 24%
French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
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.
Kering Investors on Hold for Gucci's Next Costume
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
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 ...
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 ...
3 Reasons Why Kering Can Outperform Following 2024 Collapse
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
Kering's Gucci Performance In Focus -- Earnings Preview
NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...
Gucci Readies For A Reset As Creative Director De Sarno Exits
With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...
Kering investors brace for more bad news after Gucci creative chief’s exit
French luxury group to report full-year results this week following latest blow to turnaround plans at its biggest brand ...
Kering: Gucci ends its collaboration with Sabato de Sarno
Press release - Gucci ends its collaboration with Sabato De Sarno 06 02 25 PRESS RELEASE February 6, 2025 GUCCI ENDS ITS COLLABORATION WITH SABATO DE SARNO Gucci today announces the end of its ...