The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
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.
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, worn by celebrities including actress Daisy Edgar-Jones (pictured), saw revenues in the three months to the end of ...
Coca-Cola shares rose after the beverage maker reported fourth-quarter earnings and revenue that surpassed Wall Street expectations. WK Kellogg shares rallied after the cereal maker's earnings topped ...
With robust growth in premium sectors, India is filling the gap left by China and attracting several global luxury brands to expand their footprint in the country. India is now the largest single ...
Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...
Before mass production, we focused on quality and craftsmanship. Today we're addicted to novelty and disposability.
Inside Labrum London’s compact central-London studio, lookbook images are plastered onto walls, bright patterns light up the ...
As Valentine’s Day approaches, consumer spending is set to surge across multiple industries, from luxury goods and dining to travel and beauty.
Shares of Coty Inc. (NYSE:COTY – Get Free Report) have earned an average recommendation of “Moderate Buy” from the seventeen ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results