Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house. Its share price ...
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...
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.
Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following press conference.
Kering Eyewear, which celebrated its tenth anniversary in 2024, was one of the shining stars in the group’s performance, recording a +6% like-for-like increase in revenues.