Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...
With robust growth in premium sectors, India is filling the gap left by China and attracting several global luxury brands to expand their footprint in the country. India is now the largest single ...
Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...
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 ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Full Year Earnings Conference Call February 11, 2025 2:30 AM ETCompany ParticipantsFrançois-Henri Pinault - Chairman and ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following press conference.
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...