Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house. Its share price ...

The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.

Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...

India has become the largest single market for Swiss watchmaker Rado, overtaking China amid a luxury bust in the latter. With ...

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 ...

Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.

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.

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