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Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.
Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its ...
The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...
About 1,000 unionized Gucci employees are threatening to strike over unpaid welfare bonuses promised by parent company Kering ...
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Retail Insight Network on MSNGucci owner Kering’s Q2 2025 revenue plummets 18%
French luxury group Kering, owner of Gucci and Yves Saint Laurent, has reported a 18% downturn in its revenue for the second ...
Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...
Gucci sales plunged as shoppers turned away from Kering SA’s largest brand that’s undergoing a second design revamp in three ...
Employees at fashion house Gucci in Italy are threatening strike action, accusing the Kering-owned brand of denying them a ...
11d
YEN.com.gh on MSNGucci owner Kering posts 46% profit slump before new CEO arrives
French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping ...
Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...
Sales at Gucci, Kering’s flagship brand, slumped 25% to 1.57 billion euros, below a Visible Alpha estimate of 1.63 billion euros.
Gucci parent Kering said Friday it expects first-quarter revenue to fall 13% to 14% from the year-earlier period, as the coronavirus that causes COVID-19 weighs. "Currently, the group is observing ...
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