Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.

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.

French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house. Its share ...

Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...

Two days after Kering reported a 24 percent decrease in Gucci’s organic revenues in the three months ended Dec. 31, analysts ...

Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...

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 ...

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

Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it tries to revive its flagship brand, Gucci. The French luxury giant ...