Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.

He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

Kering's stock is on one of its worst runs since ... This can be seen in the following chart: Not only do the stocks associated with affluent consumers outperform, the outperformance reflected ...

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 posted full year 2024 revenue of 17.2 billion euros, or about $17.8 billion, representing a 12% year-over-year decline, according to a Tuesday release. Retail sales, including e-commerce ...

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times. Sabato De Sarno’s first collection as ...

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.

Lola Young’s breakthrough hit Messy transcends its TikTok virality to finally take the top spot on this week’s Official Singles Chart. Displacing Gracie Abrams’ That’s So True after a ...

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 ...

LVMH, Kering, Burberry, and Moncler have been hit hard after pouring money into Chinese consumers who have now turned their back on luxury. They are now choosing to spend their money in new ways.

The original soundtrack to his acclaimed Michael Gracey-directed biopic, Better Man outsells the rest of the Top 5 combined to stand proud at the summit of the Official Albums Chart; now drawing ...

Taylor Swift has made charts history, becoming the female artist with the most albums to have reached number one in the UK. Lover (Live From Paris) netted Swift her 13th number one album on the UK ...