Gucci, Kering

Shares in Gucci-owner Kering rise on turnaround hopes
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a slight improvement in the group's performance in major markets China and the United States buoyed investors.
Gucci sales tumble as Kering turnaround fails to take shape
GUCCI quarterly sales tumbled as Kering’s biggest label struggles to emerge from an extended demand downturn. Read more at The Business Times.
Kering hit by weak sales at Gucci
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround. Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.
Gucci sales slump continues as Kering seeks new designer
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, but flagged a slight improvement in major markets China and the United States.
Gucci will bounce back, Kering says after profit slump
Gucci will bounce back soon, the Italian fashion house's parent company Kering said on Tuesday after its poor showing contributed to the group's profits falling to 1.13 billion euros in 2024, down by 62% with respect to the previous year.
Kering hoped a big turnaround would save its flagship brands. With Gucci’s creative director gone, is the revival already unraveling?
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
Gucci slump continues to weigh on Kering
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...
Gucci Readies For A Reset As Creative Director De Sarno Exits
With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...
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Gucci faces uphill battle as Kering profits slump
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...
In Another Shock to Fashion, Gucci’s Designer Is Leaving
Sabato De Sarno’s departure adds to the industry turmoil.
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A to-do list for Gucci’s next creative director
As Sabato De Sarno’s exit from the Italian house triggers an avalanche of rumours about his successor, we lay out the key ...
Gucci’s Top Designer Departs as Brand Loses Mojo
The exit of the fashion house's creative director illustrates its struggle to reinvent itself.
Kering's Gucci Performance In Focus -- Earnings Preview
NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...
Kering slightly beats fourth-quarter forecasts but sales at embattled Gucci brand plunge 24%
French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
Heard on the Street: Why Gucci Is Following the Trend—And Seeking a New Designer
Job insecurity is trending at high-end brands. The departure of Gucci’s creative head after only two years reflects a deeper ...