Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
The French luxury group reported lower revenue at a time when some peers have signaled a potential rebound in demand.
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Francois-Henri Pinault, Kering SA’s chief executive officer, said he doesn’t expect an improvement in Chinese demand this ...
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
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