Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it ...
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.
Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
CNBC on MSN10d
Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
MILAN — The pressure to find the right successor for Sabato De Sarno mounts, as analysts believe Gucci’s future relies ...
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
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