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Gucci sales tumbled 25% in the first quarter compared to the same period last year, signaling challenges for parent company Kering’s attempts to revive its biggest brand.

Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...

Kering, which also owns Yves Saint Laurent, Bottega Veneta and Balenciaga, gets more than 60% of its profit from Gucci, making a recovery at the ailing label crucial for the French group. The company, ...

Gucci’s 25% sales drop in Q1 adds pressure on Kering to revive its top brand as luxury demand softens and U.S. tariffs weigh ...

PARIS -The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it ...

Kering reported on Wednesday a bigger-than-expected decline in first-quarter revenue, the latest set of disappointing results ...