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Hosted on MSNGucci owner Kering's annual profit plungesGucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
Kering’s revenue fell by less than analysts expected in the fourth quarter as the Gucci owner seeks to reinvigorate a ...
Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following press conference.
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.
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
Of this, Kering Beauté’s revenue was €323m, with the 2023 acquisition of luxury perfume house Creed consolidated over the ...
In the course of one conversation, Salma Hayek Pinault mourns the death of her pet rescue owl, reveals that she never signed ...
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 ...
Kering's 2024 financial results revealed a downturn in revenue and profits, with revenue of €17.2 billion, marking a 12% ...
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
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