Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.39bn. At Gucci, which typically accounts for about half of group sales and two-thirds of profits, sales fell 24 per cent ...

PARIS (Reuters) -French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its ...

Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...

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

Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...

NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...

Monocle Radio highlights this week include an interview with the man behind the visual effects of ‘The Substance’, Sabato de Sarno’s departure from Gucci ...

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

Luxury giant Gucci announced Thursday it was parting ways with its chief designer Sabato De Sarno following a sales slump, in ...

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

As Sabato De Sarno’s exit from the Italian house triggers an avalanche of rumours about his successor, we lay out the key ...