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

The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.

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

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

De Sarno, a 42-year-old Italian minimalist, took over as Gucci's chief designer in 2023, succeeding Alessandro Michele, one ...

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

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

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

The departure of the fashion house's creative director illustrates its struggle to reinvent itself.

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

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.

It is an extension of the Sparkle Love star’s existing partnership with Gucci, having served as an ambassador for the fashion ...