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Consumer companies rallied amid hopes that the U.S. and China would reach compromise. Shares of Kering, owner of the Gucci and Yves St. Laurent brands, fell after it reported a drop in quarterly sales ...
Sales at the French luxury giant, led by billionaire Francois-Henri Pinault (pictured with actress Salma Hayek), fell 14% to ...
Gucci’s 25% sales drop in Q1 adds pressure on Kering to revive its top brand as luxury demand softens and U.S. tariffs weigh ...
Guccithe group's biggest moneymakersaw sales crash 25% last quarter, missing even bearish expectations. That's one of the ...
Kering reported that its revenue fell by 14% first quarter of 2025, echoing slowed growth reported by LVMH earlier in the ...
As we anticipated, Kering faced a difficult start to the year,” begins CEO François-Henri Pinault in his statement. “I’m ...
The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged ...
Sharp sales decline at luxury group’s biggest brand underlines the huge challenge faced by Gucci’s new creative director ...
Gucci sales tumbled in the first quarter as efforts to revive Kering SA’s biggest brand again failed to yield signs of a turnaround.
By Mimosa Spencer and Tassilo Hummel PARIS -The crisis at Kering's flagship Gucci label deepened in the first quarter, the ...
The owner of Gucci and Yves Saint Laurent posted revenue of 3.88 billion euros ($4.43 billion) for the quarter, down 14% on year both in reported terms and on a comparable scope and exchange-rate ...
Kering announced a 14 percent drop in sales for the first quarter, affected by Gucci's performance. The group remains ...
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