This week, fashion’s biggest headlines covered big-name runway shows, staggering sales reports, exciting store openings and ...
Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...