Good morning to all of you. I am pleased to welcome you Kering’s 2024 Full Year Result presentation. To say the least, 2024 came far from meeting our initial expectations. We knew, and I told ...

Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a slight improvement in the group’s performance in major markets China ...

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

Gucci owner Kering reported a sharp drop in 2024 earnings ... a bid to revive the struggling fashion house. The French luxury group, whose other brands include Saint Laurent, Bottega Veneta ...

Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround.

PARIS, Feb 11 (Reuters) - Luxury group Kering (PRTP.PA), opens new tab said its return to growth will take time after its embattled star label Gucci posted another quarter of weak sales and has ...

Paris (AFP) – Gucci owner Kering reported a sharp drop in 2024 ... The French luxury group, whose other brands include Yves Saint Laurent, Bottega Veneta and Balenciaga, said its net profit ...

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 ...

Luxury fashion conglomerate Kering has reported a significant ... of our brands for the long term. “Across the group, and at Gucci first and foremost, we made critical decisions to raise the ...

Luxury group Kering's fourth quarter sales were hit by a continued slump at its main brand Gucci, it said today, but a slight improvement in the group's performance in major markets China and the ...

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 ...

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