Kering downgraded to sell as Gucci's 25% revenue drop and poor China performance hinder recovery. Click here to read my most ...

Luxury brand house Kering reported a 14% drop in sales during the first quarter of 2025, including a 25% drop from its ...

The company’s beauty division, however, reported a 6% rise in sales, driven by interest in luxury fragrance house Creed ...

The luxury conglomerate posted a company-wide revenue decline of 14% in Q1 and announced store closures amid a downturn in ...

Discount retail giant TK Maxx has lodged plans to erect signage at the former Debenhams store in Ayr Central Shopping Centre.

Gucci sales tumbled 25% in the first quarter compared to the same period last year, signaling challenges for parent company Kering’s attempts to revive its biggest brand.

Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...

As we anticipated, Kering faced a difficult start to the year,” begins CEO François-Henri Pinault in his statement. “I’m ...

Sharp sales decline at luxury group’s biggest brand underlines the huge challenge faced by Gucci’s new creative director ...

The financial difficulties of the luxury group Kering continue, closing the first quarter of 2025 with revenues of 3.883 ...

The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...

Gucci, Kering’s flagship brand, saw revenue fall 25% to €1.57 billion, impacted by weak store traffic and a 33% drop in ...