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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 underwhelming results and Gucci's sales decline spark debate over François-Henri Pinault's leadership. Is a change ...
The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged ...
François-Henri Pinault said Kering faced a "difficult start to the year." Stock in the Gucci and Bottega Veneta has almost ...
The luxury conglomerate posted a company-wide revenue decline of 14% in Q1 and announced store closures amid a downturn in ...
Deputy CEO Francesca Bellettini talked about the creative transition at Gucci and Balenciaga during the group’s earnings call ...
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.
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.
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 also shared his disappointment with the company's ailing share price. "We're obviously not satisfied ...
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