French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
The French luxury group reported lower revenue at a time when some peers have signaled a potential rebound in demand.
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
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% ...
With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...
In difficult times, fashion is always outrageous,” the eccentric Italian designer Elsa Schiaparelli once said. So it is ...
Luxury giant Gucci announced Thursday it was parting ways with its chief designer Sabato De Sarno following a sales slump, in the latest shakeup at a major European label.
As Sabato De Sarno’s exit from the Italian house triggers an avalanche of rumours about his successor, we lay out the key ...
Sabato De Sarno's departure from Gucci continues the recent trend of leadership change in the world of luxury fashion. In January 2025, Kim Jones exited Dior Homme as creative director. John Galliano ...
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