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

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

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

The luxury powerhouse has reported a sharp -14% year-on-year decline in first-quarter revenue to €3.9 billion, on both a reported and comparable basis.

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 ...

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

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.

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