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 ...
CNBC on MSN11d
Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...
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 ...
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GlobalData on MSNGucci owner Kering sees 12% revenue drop in 2024The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...
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 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 ...
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