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

French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...

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

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 ...

The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...

NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...

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

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

Kering’s annual recurring operating income fell 46% to €2.55 billion ($2.63 billion) last year, the French fashion group said, the lowest since 2016. Aside from Gucci, Kering’s labels ...

Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it tries to revive its flagship brand, Gucci. The French luxury giant ...

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