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 ...
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 ...
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.
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 ...
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 ...
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 ...
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 ...
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