Kering reported a 11 percent dive in revenues for the first quarter, citing sluggish Gucci sales, especially in Asia Pacific.…
Kering reported a 11 percent dive in revenues for the first quarter, citing sluggish Gucci sales, especially in Asia Pacific.…
Kering has appointed Stefano Cantino, to the newly created role of deputy CEO at its Gucci brand.…
Kering expects a decline in Q1 2024 revenue, primarily due to a significant 20 percent sales drop at Gucci.…
Kering annual sales declined 4 percent in 2023, as the luxury conglomerate continued to struggle with comparable sales declines across all major brands.…
French luxury giants Kering and Hermès reported their respective trading updates for the third quarter, with Kering sales for the three months worse off due to the global luxury slowdown, and Hermés…
Italian luxury brand Gucci announced the appointment of Alessio Vannetti to the role of executive vice president, chief brand officer, effective September 4.…
Italy’s Gucci has unveiled the first Gucci Salon concept store in Japan, serving as the second Gucci Salon worldwide, after the luxury house unveiled the new retail concept in Los Angeles in Apr…
China’s JD.com said net revenues for the second quarter totalled RMB 287.9 billion (USD 139.7 billion), an increase of 7.6 percent, with the tech and e-commerce giant revealing it has inked a ne…
Kering is set to acquire a 30 percent stake in Valentino, announced as the group reported half-year results. The first half of the year for Kering has been marked with another significant deal in its …
Luxury conglomerate Kering Group has announced that Marco Bizzarri is leaving his post as president and chief executive officer of Italian luxury brand, Gucci, effective September 23.…