Luxury fashion conglomerate Kering has reported a significant downturn in its financial performance for the fiscal year 2024 (FY24), with revenues falling 12% to €17.19bn ($17.75bn). The company, ...

He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

Kering SA (PPRUF) reports a challenging year with a 12% revenue decline, while emphasizing long-term brand health and ...

The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.

Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.

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.