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.

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

According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.

Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...

Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.

Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...

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

Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the last five years while it tries to revive its flagship brand, Gucci. The French luxury giant ...

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

Kering’s revenue fell by less than analysts expected in the fourth quarter as the Gucci owner seeks to reinvigorate a turnaround plan for its core brand. Some luxury groups have pointed to signs ...