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.
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
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 price, ...
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 ...
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 ...
Gucci again disappointed with a 24 percent drop in organic revenues in the three months to Dec. 31, worse than the 23 percent decline forecast by analysts. The brand, which accounted for 63 percent of ...
The post De Sarno Gucci: wouldn't it have been better to skip a turn? The brand tackles the first collection after the ...
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 ...
Turning Gucci around is crucial to Kering as it “can no longer afford to get it wrong,” an expert told Fortune.