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In a report on Kering's investment grade credit rating, S&P analysts highlighted weakening consumer demand for the French ...
Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three years.
The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...
Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...
Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its ...
Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to ...
Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.
French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to ...
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 ...
Employees at fashion house Gucci in Italy are threatening strike action, accusing the Kering-owned brand of denying them a ...
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 ...
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