Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
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 ...
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Kering revenue down 12% after “difficult” 2024
Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...
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Kering Group posts sharp decline in sales and profits but Eyewear division shines
Kering Eyewear, which celebrated its tenth anniversary in 2024, was one of the shining stars in the group’s performance amid an otherwise tough trading year.
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4 takeaways from Kering’s 2025 strategy
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...
Shares in Gucci-owner Kering rise on turnaround hopes
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...
Kering’s Q4 Earnings Drop 12% as the Luxe Conglomerate Takes in $4.5 Billion
Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...
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 ...
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Gucci owner Kering sees 12% revenue drop in 2024
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.