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 ...

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

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’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...

Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround.

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

In difficult times, fashion is always outrageous,” the eccentric Italian designer Elsa Schiaparelli once said. So it is ...

The last quarter of 2024 was even worse than expected for Gucci, as its sales dropped by a quarter. As a result, its owner ...