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The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...
Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and ...
François-Henri Pinault said Kering faced a "difficult start to the year." Stock in the Gucci and Bottega Veneta has almost ...
Kering's results, marked by a 14% annual sales decline with a 25% drop at Gucci, added to signs the luxury sector could be ...
Kering's underwhelming results and Gucci's sales decline spark debate over François-Henri Pinault's leadership. Is a change ...
Deputy CEO Francesca Bellettini talked about the creative transition at Gucci and Balenciaga during the group’s earnings call ...
The luxury conglomerate posted a company-wide revenue decline of 14% in Q1 and announced store closures amid a downturn in ...
The Kering share price has imploded in the past few years as its sales growth waned in key markets, especially in China.
The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...
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 ...