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Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and ...
The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...
Kering's results, marked by a 14% annual sales decline with a 25% drop at Gucci, added to signs the luxury sector could be ...
François-Henri Pinault said Kering faced a "difficult start to the year." Stock in the Gucci and Bottega Veneta has almost ...
Kering's underwhelming results and Gucci's sales decline spark debate over François-Henri Pinault's leadership. Is a change ...
Kering downgraded to sell as Gucci's 25% revenue drop and poor China performance hinder recovery. Click here to read my most ...
Dragged down by weakness at its flagship Gucci brand, the French luxury group reported a 14 percent decline in the first ...
The Kering share price has imploded in the past few years as its sales growth waned in key markets, especially in China.
The luxury conglomerate posted a company-wide revenue decline of 14% in Q1 and announced store closures amid a downturn in ...
Shares in Kering dipped 1 percent on Thursday, a day after the French luxury group reported a 14 percent decline in first-quarter revenues, and a 25 percent drop at its star brand Gucci.
Demna has already started working with Gucci teams, Kering executives said, but declined to say when his first collection ...
François-Henri Pinault also shared his disappointment with the company's ailing share price. "We're obviously not satisfied ...
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