News

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 ...
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 ...
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 ...