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Carole Madjo, head of European luxury goods research at Barclays, weighs in on the potential turnaround of Kering-owned Gucci ...
NET PROFIT: Analysts expect the company to report net profit of 448.2 million euros, according to the same consensus, compared with 878 million euros during the same months a year earlier. Shares have ...
Kering, then known as PPR, bought a controlling stake in Gucci in 1999 and has been instrumental in growing it into the luxury powerhouse that it is today. Its streak of success continued into the ...
The CAC 40 Index futures jumped by over 1% on Monday, reaching a high of €7,930, up from last Friday’s closing point at ...
Kering warned that first quarter sales at its star label Gucci would drop by around 20% due to weakness in Asia. REUTERS. The label is undergoing a design overhaul under the creative direction of ...
Reuters. A building acquired by Kering for its Gucci brand, as part of a wider push into real estate, stands in Paris, France May 28, 2025. REUTERS/Abdul Saboor ...
By Louis Goss . Kering shares tumbled on Thursday after the Gucci owner reported a sharp drop in second-quarter sales and said it could see a 30% slump in firm-wide profits in the second half of 2024.
Gucci sales plunged 24% annually in the fourth quarter to 1.92 billion euros, Kering reported last month, amid a broader 12% fall in group revenues. Kering confirmed that Demna's appointment will ...
At the end of COVID, Kering was doing well, mainly on the back of their most famous house, Gucci. New money crypto millionaires dressed hat-to-shoes in their double-G monogram; women worldwide ...
Gucci Owner Kering’s Earnings Hit by Turnaround, China Woes. The French luxury-goods group said it expects recurring operating income in the second half to be down by around 30%. By .
Kering, then known as PPR, bought a controlling stake in Gucci in 1999 and has been instrumental in growing it into the luxury powerhouse that it is today. Its streak of success continued into the ...
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