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.

Before mass production, we focused on quality and craftsmanship. Today we're addicted to novelty and disposability.

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

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

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 ...

By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...

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

The switch in artistic direction at the company's flagship brand comes after Kering reshuffled Gucci's executive team, naming Stefano Cantino as chief executive of the label in October, a year after ...

The company's star label Gucci posted quarterly sales of 1.92 billion euros, down 24% on year. "We are confident that we have driven Kering to a point of stabilization, from which we will gradually ...

Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...

Pricey luxury is out, affordable luxury is in. Coach owner Tapestry and Ralph Lauren both beat Wall Street's sales and profit ...