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By Mimosa Spencer PARIS (Reuters) -Shares of Kering traded down 5% in European morning trade on Thursday, after the group ...
After years of strong results fueled by a rise in demand for luxury goods after the pandemic, customers dialed back on ...
Sharp sales decline at luxury group’s biggest brand underlines the huge challenge faced by Gucci’s new creative director ...
Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and ...
The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged ...
Gucci sales tumbled in the first quarter as efforts to revive Kering SA’s biggest brand again failed to yield signs of a ...
François-Henri Pinault said Kering faced a "difficult start to the year." Stock in the Gucci and Bottega Veneta has almost ...
The luxury conglomerate posted a company-wide revenue decline of 14% in Q1 and announced store closures amid a downturn in ...
The Kering share price has imploded in the past few years as its sales growth waned in key markets, especially in China.
The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...
Deputy CEO Francesca Bellettini talked about the creative transition at Gucci and Balenciaga during the group’s earnings call ...
François-Henri Pinault also shared his disappointment with the company's ailing share price. "We're obviously not satisfied ...
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