Kering hit by weak sales at Gucci
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround. Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
The exit of the fashion house's creative director illustrates its struggle to reinvent itself.
Sabato De Sarno’s departure adds to the industry turmoil.
The Associated Press on MSN13d
Valentino's new designer showcases history and drama at couture debut in ParisPARIS (AP) — Alessandro Michele’s Valentino couture debut was the most anticipated ticket of Paris Couture Week, and the ...
OPENING ACT: The couture season is in full swing in Paris, but Milan has already moved on and is looking ... Italian fashion chamber’s press conference is slated for Feb. 5 — Gucci has already ...
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