He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...

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

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

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

Billionaire Pinault, owner of iconic brands such as Gucci and Balenciaga, has decided to increase his investments in a sector ...

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

Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, its biggest brand, which has suffered in recent years from weaker ...

Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a slight improvement in the group’s performance in major markets China and the ...

Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...

On Tuesday, Kering said its sales fell 12 per cent to €4.97 billion in the fourth quarter ending 31 December — slightly ...

Turning Gucci around is crucial to Kering as it “can no longer afford to get it wrong,” an expert told Fortune.