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 ...

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

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 said on Thursday its creative director Sabato de Sarno would leave the Italian flagship label after less than two years in the job, the latest high-profile designer change as the ...

MILAN (AP) — Gucci announced on Thursday that its creative director of under two years, Sabato De Sarno, has left the ...

Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales.

Gucci, worn by celebrities including actress Daisy Edgar-Jones (pictured), saw revenues in the three months to the end of ...

LVMH’s net debt is roughly equivalent to its forecast ebitda. On S&P Capital IQ numbers, the Gucci owner’s indebtedness including capitalised leases at the end of June 2024 was three times that.