Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
The eyewear group closed 2024, the year of its 10th anniversary, with a record revenue of 1.6 billion euros, a 6 percent ...
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
The brand, which accounted for 63 percent of Kering’s operating profit in 2024, is poised for an extended period of turmoil ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...
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Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
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.
Barclays analyst Carole Madjo raised the firm’s price target on Kering (PPRUY) to EUR 195 from EUR 190 and keeps an Underweight rating on the shares. Published first on TheFly – the ultimate source ...
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
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