Kering’s annual recurring operating income fell 46% to €2.55 billion ($2.63 billion) last year, the French fashion group said, the lowest since 2016. Aside from Gucci, Kering’s labels ...

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 ...

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

Gucci parent Kering is scheduled to report results for the fourth quarter and full year 2024 on Tuesday. Here is what you need to know. SALES FORECAST: The French luxury group is expected to post ...

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 director in a bid to revive the struggling fashion house. The French ...

The group’s second-half EBIT of €972 million was 7% higher than forecasts. Gucci, Kering’s largest brand, continued to struggle, reporting a 24% decline in fourth-quarter revenue on an ...

I sincerely appreciate how he honored Gucci's craftsmanship and heritage with such commitment." Francesca Bellettini, Kering Deputy CEO in charge of Brand Development, declared: "I sincerely thank ...

I sincerely appreciate how he honored Gucci's craftsmanship and heritage with such commitment.” Francesca Bellettini, Kering Deputy CEO in charge of Brand Development, declared: "I sincerely thank ...

Paris (AFP) – 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.