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GlobalData on MSNGucci owner Kering sees 12% revenue drop in 2024The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
Dakota Johnson put a sultry spin on monochrome dressing at “SNL 50: The Anniversary Special” on Sunday in New York. The ...
Famous brands like LVMH's Louis Vuitton or Kering's Gucci are counting on a buoyant U.S. market this year as China lags ...
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...
A sluggish economy, an austere political mood and the feeling among some consumers that pricey brands are passé have combined ...
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
Kering SA (PPRUF) reports a challenging year with a 12% revenue decline, while emphasizing long-term brand health and ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
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Soap Central Lifestyle on MSNGucci sales drop by 24% as per its Q4 reportsGucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...
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