Kering CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
Kering revenue plummets as Gucci losses deepen
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
Gucci Sales Fall 24%
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
Gucci Readies For A Reset As Creative Director De Sarno Exits
With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...
In Another Shock to Fashion, Gucci’s Designer Is Leaving
Sabato De Sarno’s departure adds to the industry turmoil.
Kering slightly beats fourth-quarter forecasts but 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 ...
Kering hoped a big turnaround would save its flagship brands. With Gucci’s creative director gone, is the revival already unraveling?
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
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Gucci parts ways with Italian designer Sabato de Sarno
Luxury giant Gucci announced on Thursday it was parting ways with Italian designer Sabato De Sarno, who had been its creative ...