Kering hit by weak sales at Gucci
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround. Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
On 27 March 1995, fashion heir Maurizio Gucci was shot dead outside his office in Milan, Italy. Five people, including his ex-wife, Patrizia Reggiani, and her clairvoyant, were jailed in connection ...
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...
Sabato De Sarno’s departure adds to the industry turmoil.
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
It is an extension of the Sparkle Love star’s existing partnership with Gucci, having served as an ambassador for the fashion ...
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Gucci has announced that its creative director of under two years, Sabato De Sarno, has left the position just two and a half ...
Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it ...
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