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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.

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

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 ...

The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.

Gucci, worn by celebrities including actress Daisy Edgar-Jones (pictured), saw revenues in the three months to the end of ...

Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...

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.

The last quarter of 2024 was even worse than expected for Gucci, as its sales dropped by a quarter. As a result, its owner ...

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...

Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales.