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 ...

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 ...

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 ...

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 ...

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 ...

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.

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The luxury ...

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 ...