Kering’s revenue fell by less than analysts expected in the fourth quarter as the Gucci owner seeks to reinvigorate a turnaround plan for its core brand. Some luxury groups have pointed to signs ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
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Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...
Kering’s chairman and CEO, said in the release. “Across the Group, and at Gucci first and foremost, we made critical decisions to raise the impact of our communications, sharpen our product ...
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