He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its "promise" to customers.

Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales, despite a year-on-year decline in revenues. The stock has had a rough ...

PARIS (Reuters) - 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 ...

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 ...

MILAN — The pressure to find the right successor for Sabato De Sarno mounts, as analysts believe Gucci’s future relies heavily on choosing the new creative director. Two days after Kering reported a ...

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. Its share ...

GUCCI is celebrating its double G logo’s 50th anniversary this year, which uses the initials of its founder, Guccio Gucci. The luxury house’s Fall/Winter 2025 fashion show for Milan Fashion Week last ...

The women's collection riffed on ladylike dressing tinged with subversion. Meanwhile, the Achilles tendon emerged as a new ...

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

Turning Gucci around is crucial to Kering as it “can no longer afford to get it wrong,” an expert told Fortune.