With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...

Shares in Gucci owner Kering fell sharply in early trade on Thursday after the French luxury goods group reported a bigger-than-expected drop in second-quarter sales and warned of a weak second ...

As Sabato De Sarno’s exit from the Italian house triggers an avalanche of rumours about his successor, we lay out the key ...

Gucci-owner Kering said on Thursday its creative director Sabato de Sarno would leave the Italian flagship label after less than two years in the job, the latest high-profile designer change as the ...

As Kering focuses ... including Gucci, Saint Laurent, Bottega Veneta — the company is handing off some of its landlord duties to an American expert. Simon Property Group bought 100 percent ...

However, Kering's real estate shopping came to an end due to Gucci's decline, which accounts for two-thirds of the group's revenue. Last year, Kering issued a rare warning about profit downturns ...

The transaction, valued at approximately 350 million euros net, involves the sale of The Mall Luxury Outlets to Simon Property Group ... While Kering's prestigious brands, including Gucci ...

Kering said it finalized the sale of The Mall Luxury Outlets in Italy to U.S. retail investment trust Simon Property Group. Kering--which houses Gucci, Saint Lauren and Balenciaga--said Thursday ...

As Kering focuses on its core luxury brands — including Gucci, Saint Laurent, Bottega Veneta — the company is handing off some of its landlord duties to an American expert. Simon Property Group bought ...

After facing financial hurdles in 2024, Gucci’s parent company, Kering, is determined to bring fresh energy to its flagship brand. Adapting to changing consumer expectations, Kering is making ...

Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties to French private equity firm Ardian SAS for €837 million (~$862 ...