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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 ...
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.
Kering struggles with declining revenue and margins amid industry shifts. Click here for a full investment analysis.
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 ...
Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.
Kering's Q2 results confirm ongoing crisis: group revenue fell 15% y/y, with Gucci sales plunging 25% and no signs of recovery. Find out why PPRUF is a Sell.
Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three years.
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 ...
Approximately 1,000 Gucci Italia retail employees are protesting. Trade unions Filcams Cgil, Fisascat Cisl and Uiltucs ...
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 ...
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