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Gucci's India head, Nader Wassel, has resigned amid restructuring by parent company Kering. The brand saw a 22% drop in profit in FY24, despite a slight increase in revenue and higher advertising ...
Bottega Veneta Revenue: EUR 1.7 billion, up 4% reported and 6% comparable. Kering Eyewear Revenue: Close to EUR 1.6 billion, up 6% comparable. Kering Beaute Revenue: EUR 323 million, with high ...
Good morning to all of you. I am pleased to welcome you Kering’s 2024 Full Year Result presentation. To say the least, 2024 came far from meeting our initial expectations. We knew, and I told ...
Paris (AFP) – 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.
GUCCI quarterly sales tumbled as Kering’s biggest label struggles to emerge from an extended demand downturn. Revenue at Gucci fell 24 per cent on a comparable basis in the fourth quarter, Kering said ...
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Kering CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’Kering, the luxury group behind Gucci, Bottega Veneta, and Saint Laurent, says it isn’t too worried about potential U.S. tariffs hurting its business. Announcing the company’s 2024 results ...
Kering CEO Francois-Henri Pinault poses with his wife Salma Hayek in June 2024. © 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes ...
LVMH, Kering, Burberry, and Moncler have been hit hard after pouring money into Chinese consumers who have now turned their back on luxury. They are now choosing to spend their money in new ways.
“We have demonstrated in the past that we know how to grow brands, and we will do it again,” Kering chief executive Francois-Henri Pinault said at a results presentation. “Gucci will come bac ...
PARIS, Feb 11 (Reuters) - Luxury group Kering (PRTP.PA), opens new tab said its return to growth will take time after its embattled star label Gucci posted another quarter of weak sales and has ...
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