Kering, the parent company of Gucci, Balenciaga, Saint Laurent, Bottega Veneta, Brioni, and Alexander McQueen, is going under intense pressure this year. The company is facing two main concerns.

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 ...

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'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 ...

(Reuters) -Valentino CEO Jacopo Venturini has stepped down from the Italian luxury house for personal reasons, Women's Wear ...

Shares of Kering popped on reports that it has appointed industry outsider Luca de Meo as group CEO. The French fashion house, which owns beleaguered brands Gucci and Saint Laurent, is embarking ...