News

Kering sales drop 14% in first quarter as Gucci crisis deepens
Kering's results, marked by a 14% annual sales decline with a 25% drop at Gucci, added to signs the luxury sector could be ...
FashionUnited5d
Kering bets on water positivity in sustainability pivot
Positive Strategy' to address water scarcity in its supply chain. The plan focuses on restoring ecosystems and reducing water ...
Kering and the Saudi Fashion Commission Reveal Inaugural Sustainability Award Winners
Kering's initiative, the first of its kind in the Middle East, aligns with the luxury giant's vision to foster sustainability ...
Kering Shares Fall 6% After Weak Q1 Results
Dragged down by weakness at its flagship Gucci brand, the French luxury group reported a 14 percent decline in the first ...
Hosted on MSN1mon
Kering’s shares tumble 10% as investors agonize over Gucci’s new artistic director. But the ‘iconoclast’ might be what the brand needs
Kering’s shares took a beating on Friday as they fell 10% after the French luxury giant announced the new creative lead for its biggest brand, Gucci. Demna Gvasalia, a Georgian-born designer who ...
Kering Sales Fell 14% in Q1, Dragged Down by Continued Weakness at Gucci
The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...
Shares of Gucci-owner Kering drop after first-quarter sales slump
Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and ...