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Gucci, King of Comebacks, Has Challenges Ahead: Andrea Felsted
Bloomberg Law· 1 day agoAfter a warning last month that Gucci sales had slumped, investors knew that Kering SA’s first-quarter performance wasn’t going to be pretty.
Gucci owner Kering struggles to revive the luxury fashion house, shares slip after it issued its...
Fortune· 1 day 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 Gucci, which accounts ...
Gucci Owner Kering Expects Sharp Drop in Operating Profit After China Weighs on Sales
The Wall Street Journal· 2 days ago“Kering’s performance worsened considerably in the first quarter,” Chairman and Chief Executive...
Ryan Gosling Captivates in Gucci Loafers at Berlin Premiere of ‘The Fall Guy’
Footwear News via Yahoo News· 5 days agoHowever, Footwear News may receive a commission on orders placed through its retail links, and the...
Kering shares plunge as Gucci slowdown seen hitting profits by up to 45%
Morningstar· 1 day agoKering shares fell 8% on Wednesday after the French fashion house said it expects to see its profits drop by up to 45% in the first half of 2024 driven by a decline in revenue from its top money ...
Kering’s Shares Fall on Lower Profitability Outlook
The Wall Street Journal· 1 day agoShares in Kering dropped after the Gucci owner said it expected sharply lower operating profit in the first half, as it grapples with sluggish demand in...
Kering Warns Profit to Tumble Following Gucci Woes in China
Bloomberg· 2 days agoKering SA warned that profit will plunge in the first half of the year as the crisis at Gucci, its...
Kering Forecasts 40-45% Drop in H1 Operating Profit as Gucci Sales Tumble
WWD via Yahoo Finance· 2 days agoUpdated April 23 at 4:57 p.m. PARIS — Kering expects its profits to take a sizable hit as Asian...
Taylor Swift and Post Malone Wear Gucci Jordaan Loafers for ‘Fortnight’ Music Video
Footwear News via Yahoo News· 5 days agoTaylor Swift continued the launch of her latest album, “The Tortured Poets Department,” in a pair of...
Taylor Swift and Post Malone Wear Gucci Jordaan Loafers for ‘Fortnight’ Music Video
Footwear News· 5 days agoTaylor Swift continued the launch of her latest album, “The Tortured Poets Department,” in a pair of...