The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the ...

French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite ...

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, ...

According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.

Gucci’s downturn extended into the final stretch of 2024, with fourth-quarter revenue falling 24%, closing out a year in ...

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 ...

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

European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.

Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...

After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.

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