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Gucci employees threaten strike in Italy
Employees at fashion house Gucci in Italy are threatening strike action, accusing the Kering-owned brand of denying them a ...
Approximately 1,000 Gucci Italia retail employees are protesting. Trade unions Filcams Cgil, Fisascat Cisl and Uiltucs ...
Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three ...
Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.
The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...
Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to ...
Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its ...
Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of ...
Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...
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 ...
The French luxury-goods group said it booked revenue of €9.02 billion, down 11% both as reported and on a comparable basis compared with the year-earlier period.
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