Kering (PPRUF) has experienced 6 consecutive quarters of revenue declines, struggling to maintain growth. Read why I remain ...
Alexandra Gucci Zarini, granddaughter of Aldo Gucci, has launched a purpose-driven luxury fashion brand, AGCF, forge a path ...
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of weak sales and has yet to name a new chief designer to galvanise the Italian ...
Store closures are also hurting mall owners and undermining projections for an end to the multi-year property market slump.
Paris (AFP) – Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
Global luxury brands are accelerating their exit from China, closing stores in prime locations across major cities as consumers tighten their spending.
Kering, owner of brands like Gucci, YSL, and Bottega Veneta, said that it has "no plan" to shift luxury goods production to the US to counter President Donald Trump's tariffs. The group's CEO ...
Gucci sent a collection of furry coats, slim pencil skirts and slip dresses down the catwalk for its fall-winter show, a ...
You know that the sector is going through a retailization and also the Kering Group but it's not one strategy fits all. Gucci retailization is close to 95%. 95% of its revenues come from retail.
GUCCI quarterly sales tumbled as Kering’s biggest label struggles to emerge from an extended demand downturn. Revenue at Gucci fell 24 per cent on a comparable basis in the fourth quarter, Kering said ...
French luxury group Kering closed two Gucci stores in Shanghai last month – in Réel Department Store near the landmark Jing’an Temple and New World Daimaru on the city’s busiest shopping st ...