Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
As Sabato De Sarno’s exit from the Italian house triggers an avalanche of rumours about his successor, we lay out the key ...
De Sarno only stepped on as creative director in 2023. As NYFW begins, another shakeup is rocking the fashion industry: Sabato De Sarno has stepped down as creative director of Gucci. The Italian ...
Full Year Earnings Conference Call February 11, 2025 2:30 AM ETCompany ParticipantsFrançois-Henri Pinault - Chairman and ...
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
While customers liked these, they made up less than 7% of Gucci sales in the first quarter, Kering said. This is now ramping up, with more mainstream items and men’s products joining womenswear.
Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
Chinese online marketplace Temu and fast-fashion retailer Shein will be liable for the sale of unsafe and dangerous products ...
Profit at LVMH disappointed, even as the company lowered its overall marketing costs by 5% last year. Recurring operating income dropped 14% in 2024 to €19.6 billion, missing estimates. One-time costs ...
LVMH’s sales of fashion and leather goods continued to decline in the fourth quarter, casting doubt on the prospects for a ...
This segment, known as hard luxury, often does better in times of uncertainty, as jewellery pieces tend to be more timeless than handbags and other fashion items ... Kering SA, whose fashion label ...