Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.

He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.

Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...

Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.

French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...

Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...

Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...

The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.

Kering has owned Gucci since 2004. You can invest in Gucci by buying Kering shares (KER) on the Euronext Paris or via international ETFs like VXUS and IEFA. Kering controls other luxury brands ...