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Gucci's owner is having a terrible year. The company's profit and stock have slumped as Asia sales...
Business Insider· 6 hours agoGucci, Kering's largest brand, saw an 18% decline in revenue in the first quarter.
Gucci owner Kering struggles to revive the luxury fashion house, shares slip after it issued its...
Fortune· 5 hours agoKering’s 20% share slump this year contrasts with gains by French rivals LVMH and Hermes International. Kering is struggling to revive the fortunes of & ...
Kering shares slump after the Gucci owner warns of H1 operating profit drop
Reuters via Yahoo Finance· 7 hours agoKering's shares slumped on Wednesday, after the French luxury goods company warned it expected a 40%...
Time for Kering’s king to consider a step back
Reuters· 2 hours ago, opens new tab Chairman and CEO François-Henri Pinault was 42 when his father François, the self-made billionaire who’d built his family company from a...
Gucci Sales Drop 18% In Q1 Amid China’s Slowdown And Demand For ‘Quiet Luxury’
Forbes· 22 hours agoKering posted $4.8 billion (€4.5 billion) in sales for the first quarter, down 10% year over year,...
Kering shares sink 9% after profit warning on declining Gucci sales
CNBC· 7 hours agoThe group on Tuesday said that it anticipates a decline of 40% to 45% in first-half operating...
Kering Shares Drop After Gucci Slump Prompts Profit Warning
Bloomberg· 7 hours agoKering SA shares tumbled after the luxury group warned that profit will plunge in the first half of...
FOCUS-Tuscany's luxury suppliers feel chill from China and changing trends
Reuters via Yahoo Finance· 4 hours agoWaning Chinese demand for luxury goods has compounded the problems of Tuscany's traditional leather companies as the big fashion houses they supply reshape their strategies, leading to painful ...
Can Kering Turn Things Around?
The Business of Fashion· 1 day agoOn a recent Friday afternoon, shoppers at a Gucci boutique waded through heaps of heavily discounted, past-season merchandise: Yellow pumps, furry...
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand By Reuters
Investing.com· 23 hours agoThe warning prompted concern in the luxury sector about prospects for China's rebound -...