Kering's CEO says Gucci and other brands will absolutely not shift production to the US to counter Trump's tariffs
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’s Q4 Earnings Drop 12% as the Luxe Conglomerate Takes in $4.5 Billion
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Gucci sales slump continues as market awaits turnaround
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
Kering hoped a big turnaround would save its flagship brands. With Gucci’s creative director gone, is the revival already unraveling?
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
Kering Investors on Hold for Gucci's Next Costume
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
Gucci Sales Slump Continues as Kering Seeks New Designer
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
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Gucci sales drop by 24% as per its Q4 reports
Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%
French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...
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Kering bets on Gucci revival despite lagging sales, as investors maintain optimism
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...