Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following press conference.
Kering Eyewear, which celebrated its tenth anniversary in 2024, was one of the shining stars in the group’s performance, recording a +6% like-for-like increase in revenues.
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
European stocks finished mildly higher on Tuesday despite rising concerns about an escalating trade war, though gains were only mild with the Stoxx 600 eking out a new record high.
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
Of this, Kering Beauté’s revenue was €323m, with the 2023 acquisition of luxury perfume house Creed consolidated over the ...
Francois-Henri Pinault, Kering SA’s chief executive officer, said he doesn’t expect an improvement in Chinese demand this ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Revenue at Gucci, Kering SA's biggest label, fell 24% on a comparable basis in the final quarter of last year, but ...
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales.
On Tuesday, Kering said its sales fell 12 per cent to €4.97 billion in the fourth quarter ending 31 December — slightly ...