Kering CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
Kering revenue plummets as Gucci losses deepen
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
Kering’s Q4 Earnings Drop 12% as the Luxe Conglomerate Takes in $4.5 Billion
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Analysts Pressure for Gucci to Name High-profile Creative Director as Brand Seeks Rebound
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
Gucci Sales Slump Continues as Kering Seeks New Designer
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Future hinges on Gucci: What’s next for Kering?
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
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Gucci sales drop by 24% as per its Q4 reports
Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
Gucci sales slump continues as market awaits turnaround
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Kering hoped a big turnaround would save its flagship brands. With Gucci’s creative director gone, is the revival already unraveling?
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.