LONDON — October is bringing more tricks than treats to the big luxury goods groups, two of which have seen their stocks downgraded by industry analysts. On Wednesday, Bernstein’s Luca Solca ...
Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions. The rare ...
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Gucci parent Kering’s shares plummet on pick of new design chief: ‘Who is driving the bus?’
Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its ...
Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it ...
Kering released its third-quarter 2025 financial results on Thursday, showing it reduced the slump it had seen in the previous quarter. The French luxury goods house, which owns brands like Balenciaga ...
PARIS, July 24 (Reuters) - Kering (PRTP.PA), opens new tab reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group works to revive its ...
PARIS (Reuters) -Kering's overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and some encouraging signs at ailing flagship brand ...
July 29 (UPI) --France-based Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to "uncertain" global factors. Gucci sales dropped ...
Kering shares took a hit this week after Gucci announced that Balenciaga’s Demna would be stepping into the role of Artistic Director, effective this July. Per a report from Reuters, which also ...
Kering's management shakeup and focus on accelerating Gucci's growth is a promising sign for the company's future. The introduction of new creative designer Sabato De Sarno and planned brand ...
Kering announced Tuesday the departure of the long-time chief executive of Gucci, the luxury group’s main brand which has struggled as the industry has flourished. Kering said that Marco Bizzarri, who ...
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