Hosted on MSN1mon
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization'
Most of Kering's luxury divisions saw organic sales weaken in the fourth quarter. Saint Laurent was down 8 percent, and the "other houses" group, which includes Balenciaga and Alexander McQueen ...
NBC Chicago1mon
Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%
The luxury fashion group posted a 12% decline in fourth-quarter revenues to 4.39 billion euros ($4.52 billion), just slightly ahead of the 4.29 billion euros forecast. Kering is the latest ...
International Leather Maker8d
Kering earns AAA rating from CDP
Luxury fashion group Kering has secured an AAA rating from the Carbon Disclosure Project (CDP) for work on climate change, ...
Yahoo Finance1mon
Kering CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’
Kering, the luxury group behind Gucci, Bottega Veneta, and Saint Laurent, says it isn’t too worried about potential U.S. tariffs hurting its business. Announcing the company’s 2024 results ...
The Irish Times1mon
Gucci slump continues to weigh on luxury goods group Kering
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a slight improvement in the group’s performance in major markets China ...
Finanznachrichten1mon
Kering: 2024 Annual Results - Revenue: €17,194 million - down 12% as reported and on a comparable basis
Across the Group, and at Gucci first and foremost ... Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilization, from which we will gradually ...