The 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.
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...