S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said ...

Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.

Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...

Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its finance chief flagging further price hikes in the United States to counter ...

Gucci sales plunged 24% annually in the fourth quarter to 1.92 billion euros, Kering reported last month, amid a broader 12% fall in group revenues. Kering confirmed that Demna's appointment will ...

French luxury group Kering, owner of Gucci and Yves Saint Laurent, has reported a 18% downturn in its revenue for the second ...

Kering's biggest brand Gucci saw its second-quarter sales fall most sharply, in posting a 20% drop to EUR2 billion, as the luxury firm's second-biggest selling brand, Yves Saint Laurent, also saw ...

The French luxury group is preparing for the arrival of new CEO Luca de Meo by ramping up store closures, but has no plans to ...

Kering faces financial pressure as it has made big acquisitions, including of perfume maker Creed for €3.5 billion. “Kering has many issues right now, but Gucci is core.

Kering after the market close on Wednesday posted a 14% decline in sales, with a 25% drop at flagship label Gucci, the latest signal the luxury sector faces another tough year.

The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year period in reported terms.