Kering's third-quarter report shows worsening trends, with revenues down 15% Y/Y and broad-based deceleration across key brands. Kering struggles with direct-to-consumer channels, unlike peers ...

French luxury group Kering said Wednesday its 2024 operating profit could come in at half of last year's level as a sales slump at its flagship Gucci house worsens. Sales revenue came in at 3.8 ...

Group revenue in the third quarter of 2024 was €3.8 billion, down 15% as reported and down 16% on a comparable basis. The change in revenue as reported includes a negative currency effect of 1% ...

Princess Kate made a radiant appearance on Saturday at the annual Royal British Legion Festival of Remembrance at the Royal Albert Hall. In accordance with the traditional all-black dress code ...

Indeed, Prince William shared a positive update on his wife, telling reporters while in South Africa, "Catherine will be doing a bit more next year, so we’ll have some more trips maybe lined up." ...

The sector-wide luxury slowdown continues to claim more victims as French luxury conglomerate Kering warned that profits may post even lower than the already poor forecast due to declining ...

Kering said its operating profit would nearly halve this year after posting sales below analysts’ expectations in the third quarter, as a slump in demand for luxury goods in the Asia-Pacific ...

Gucci just had a bad quarter, and Kering is attributing the lackluster performance to a slump in its Asia Pacific market. The Italian luxury brand saw a 25% drop in quarterly revenue as compared ...

PARIS (Reuters) -Kering warned on Wednesday its 2024 operating income would almost halve to its lowest in years as weak demand in China deepened the struggles of the French luxury goods group's ...

KERING warned that its annual profit will fall to the lowest level since 2016 as a slump in Chinese demand for luxury goods hampers a turnaround of the French fashion group’s biggest label, Gucci.

PARIS, Oct 23 (Reuters) - Kering (PRTP.PA), opens new tab warned on Wednesday its 2024 operating income would almost halve to its lowest in years as weak demand in China deepened the struggles of ...