Signs of recovery in China’s luxury market are becoming increasingly clear as fashion brands report encouraging results for ...

French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite from wealthy ...

PARIS – Hèrmes International continues its streak as the leader of the luxury pack, with sales up 18 percent at constant ...

Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...

According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.

Gucci’s downturn extended into the final stretch of 2024, with fourth-quarter revenue falling 24%, closing out a year in ...

Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...

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.

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

European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.

Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...