According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.

Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint ...

With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...

Sabato De Sarno’s departure adds to the industry turmoil.

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 continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...

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

By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...

Job insecurity is trending at high-end brands. The departure of Gucci’s creative head after only two years reflects a deeper ...

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...

The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...