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

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

Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...

French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...

Billionaire Pinault, owner of iconic brands such as Gucci and Balenciaga, has decided to increase his investments in a sector ...

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 ...

Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...

Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...

Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...

Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...

Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...

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