French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite ...

PARIS (Reuters) -French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite ...

Gucci’s downturn extended into the final stretch of 2024, with fourth-quarter revenue falling 24%, closing out a year in ...

India has become the largest single market for Swiss watchmaker Rado, overtaking China amid a luxury bust in the latter. With ...

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.

Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.

European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.

Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...

After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.

Kering shares rise after the luxury group's fourth-quarter results, but questions remain on the turnaround of the star Gucci brand.

Luxury group Kering's fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a slight improvement in the group's performance in major markets China and the ...