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

Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...

De Sarno’s appointment was “a key ingredient in management’s strategy to push Gucci towards a more mainstream position. His ...

Gucci has announced that its creative director of under two years, Sabato De Sarno, has left the position just two and a half ...

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% ...

French luxury group to report full-year results this week following latest blow to turnaround plans at its biggest brand ...

In a report released yesterday, James Grzinic from Jefferies maintained a Hold rating on Kering SA (0IIH – Research Report), with a price ...

With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...

French luxury group Kering has parted ways with the designer of its biggest brand Gucci, just two years after he was hired to lead a turnaround at the struggling Italian fashion house.

Sabato De Sarno’s departure adds to the industry turmoil.