News

Consumer companies fell amid more signs of trouble in the luxury niche. Kering, owner of brands such as Gucci and Yves Saint Laurent, reported a sales slump amid a global downturn in demand for ...
The French luxury group is preparing for the arrival of new CEO Luca de Meo by ramping up store closures, but has no plans to ...
Lindsay Lohan is truly timeless. The actress rose to fame in the early aughts with film such as The Parent Trap, Mean Girls, ...
French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping ...
It was sometime in those dog days of the pandemic when London-based Jordan Bowen and Luca Marchetto of the brand Jordanluca ...
Amid plunging profit and scandals at some of its brands, investors are starting to call for the luxury conglomerate to break ...
The 15% duty on US-bound goods fuels the already uncertain landscape for houses like Louis Vuitton, Gucci, Chanel, and Hermes.
Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to ...
All Gucci at Kering? Not so much. The luxury giant on Tuesday posted a 15% year-on-year sales dive — even worse than analysts ...
Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three ...
On Tuesday, Kering reported a sharp 18% year-on-year decline in second-quarter revenue to €3.7 billion, slightly below the €3.96 billion consensus estimate from LSEG analysts.