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.
Kering's 2024 financial results revealed a downturn in revenue and profits, with revenue of €17.2 billion, marking a 12% ...
Following today’s release of Kering’s figures for the year ending 31 December 2024: Louise Deglise-Favre, senior apparel analyst at GlobalData, offers her ...
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...
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.
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Signs of Stabilization at Gucci Boost KeringRevenue at Gucci, Kering SA's biggest label, fell 24% on a comparable basis in the final quarter of last year, but ...
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