News

S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said ...
About 1,000 unionized Gucci employees are threatening to strike over unpaid welfare bonuses promised by parent company Kering ...
Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...
French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to ...
The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...
French luxury group Kering, owner of Gucci and Yves Saint Laurent, has reported a 18% downturn in its revenue for the second quarter (Q2) of 2025 to €3.7bn ($4.27bn), with a comparable basis decrease ...
Gucci-owner Kering is in talks with a member of the Qatari royal family for the sale of a building in Milan's top shopping ...
Kering struggles with declining revenue and margins amid industry shifts. Click here for a full investment analysis.
Kering's Q2 results confirm ongoing crisis: group revenue fell 15% y/y, with Gucci sales plunging 25% and no signs of ...
Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.
Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three years.
Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...