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Kering will propose a 20 million euros ($22.89 million) signing-on bonus for its new CEO Luca de Meo, adding to an annual ...
The VIP dinner, with a host committee including Salma Hayek Pinault and Madonna, supports organizations that address ...
Kering's Q2 results confirm ongoing crisis: group revenue fell 15% y/y, with Gucci sales plunging 25% and no signs of ...
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GlobalData on MSNGucci owner Kering’s Q2 2025 revenue plummets 18%French luxury group Kering, owner of Gucci and Yves Saint Laurent, has reported a 18% downturn in its revenue for the second ...
Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its ...
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 ...
Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three ...
The Gucci-parent company posted a 15% decline in sales in the second quarter — painting a tricky picture for incoming CEO ...
While Gucci and Saint Laurent saw double-digit declines, Bottega Veneta, Kering Eyewear and Kering Beauté posted modest growth amid a challenging luxury retail climate.
Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...
Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.
Kering is set to propose a €20 million signing bonus for its incoming CEO, Luca de Meo, to offset losses incurred from his departure from Renault. In addition to the bonus, de Meo will receive an ...
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