He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...

Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...

The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...

Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...

With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...

Sabato De Sarno’s departure adds to the industry turmoil.

Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...

Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.

Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround.

Gucci has announced that its creative director of under two years, Sabato De Sarno, has left the position just two and a half ...