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 ...

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

Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...

Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...

Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...

Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.

French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...

Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...

Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...

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. Its share ...

NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...