Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three ...

Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.

Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to ...

Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its ...

Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...

The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...

French luxury group Kering, owner of Gucci and Yves Saint Laurent, has reported a 18% downturn in its revenue for the second ...

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping ...

Kering warned that first quarter sales at its star label Gucci would drop by around 20% due to weakness in Asia. REUTERS The label is undergoing a design overhaul under the creative direction of ...

Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions.

Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...

ROME (Reuters) -Gucci-owner Kering is in talks with a member of the Qatari royal family for the sale of a building in Milan's ...