The company has outperformed rivals because it caters to the wealthiest clients, whose spending tends to be more reliable ...

Signs of recovery in China’s luxury market are becoming increasingly clear as fashion brands report encouraging results for ...

French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite ...

Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...

According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.

The fragrance offers a blend of citrus and violet, which has been mixed with middle notes of vanilla and set against a base ...

Gucci’s downturn extended into the final stretch of 2024, with fourth-quarter revenue falling 24%, closing out a year in ...

Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...

He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.

Coca-Cola shares rose after the beverage maker reported fourth-quarter earnings and revenue that surpassed Wall Street expectations. WK Kellogg shares rallied after the cereal maker's earnings topped ...

Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.