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.

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On 27 March 1995, fashion heir Maurizio Gucci was shot dead outside his office in Milan, Italy. Five people, including his ex-wife, Patrizia Reggiani, and her clairvoyant, were jailed in connection ...

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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.

Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.

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

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Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.