Kering hit by weak sales at Gucci
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. Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.
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 on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...
1don MSN
French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
It is an extension of the Sparkle Love star’s existing partnership with Gucci, having served as an ambassador for the fashion ...
Sabato De Sarno’s departure adds to the industry turmoil.
Job insecurity is trending at high-end brands. The departure of Gucci’s creative head after only two years reflects a deeper ...
On 27 March 1995, fashion heir Maurizio Gucci was shot dead outside his office in Milan, Italy. Five people, including his ex-wife, Patrizia Reggiani, and her clairvoyant, were jailed in connection ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
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