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Gucci’s parent company, the French luxury company Kering, has experienced tumult in the last few years due to a pullback in spending. The company has issued multiple profit warnings as profits ...
Kering posted lower sales that undershot analysts’ forecasts for the first quarter, as a slowdown in luxury-goods spending ...
Gucci sales plunged in the first three months of the year as the luxury downturn showed no signs of abating. The worse-than-expected 25% slide to 1.6 billion euros (about $1.8 billion) contributed ...
In the first half of 2018, Gucci's sales nearly doubled. And 55% of those sales were made to consumers under 35. Considering how 18- to 35-year-olds contributed to an 85% growth in the luxury ...
Francois Pinault, the octogenarian founder of Kering SA, has seen his family’s fortune drop by more than two-thirds since a ...
Gucci sales tumbled in the first quarter as efforts to revive Kering SA’s biggest brand again failed to yield signs of a ...
Kering shares fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts' expectations for the first quarter, unnerving investors as the group navigates a slowdown in luxury ...
Click here to read the entire article on Luxury Daily Gucci organizes hackathon to inspire mobile app solutions Italy’s Gucci is teaming up with Twitter to continue the charitable efforts of its ...
Gucci combines physical ... Click here to read the entire story on Luxury Daily Fendi grabs eyes in Vogue.com campaign Italy’s Fendi is looking to target a trendy, fashion-forward audience ...
Kering after the market close on Wednesday posted a 14 per cent decline in sales, with a 25 per cent drop at flagship label Gucci, the latest signal the luxury sector faces another tough year.
as a slowdown in luxury-goods spending continues to plague an industry that is now up against heightened uncertainty from U.S. President Trump's tariffs. The owner of Gucci and Yves Saint Laurent ...