The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.

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

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

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

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 ...

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

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...

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

French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...

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

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