Kering hit by weak sales at Gucci
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. Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
1don MSN
French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
It is an extension of the Sparkle Love star’s existing partnership with Gucci, having served as an ambassador for the fashion ...
Sabato De Sarno’s departure adds to the industry turmoil.
As Sabato De Sarno’s exit from the Italian house triggers an avalanche of rumours about his successor, we lay out the key ...
As NYFW begins, another shakeup is rocking the fashion industry: Sabato De Sarno has stepped down as creative director of ...
Job insecurity is trending at high-end brands. The departure of Gucci’s creative head after only two years reflects a deeper ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
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