Kering CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
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, ...
Gucci Parent Kering Posts Revenue Slump
The French luxury group reported lower revenue at a time when some peers have signaled a potential rebound in demand.
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 ...
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 ...
In Another Shock to Fashion, Gucci’s Designer Is Leaving
Sabato De Sarno’s departure adds to the industry turmoil.
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.
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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 ...
Kering hit by weak sales at Gucci
Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.39bn. At Gucci, which typically accounts for about half of group sales and two-thirds of profits, sales fell 24 per cent ...
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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.
House of Gucci needs a spring clean
“In difficult times, fashion is always outrageous,” the eccentric Italian designer Elsa Schiaparelli once said. So it is ...