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Carole Madjo, head of European luxury goods research at Barclays, weighs in on the potential turnaround of Kering-owned Gucci ...
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ABP News on MSNFashion Giants Hit Hard: LVMH, Kering Sales Slide As Shoppers Pull BackBrands manufacturing in France and Italy could be hit hard, forcing tough decisions on whether to absorb the costs or pass ...
Amid President Trump's trade war, tariffs are leading to higher prices, which is causing a slump in luxury sales of apparel ...
LVMH and Kering are expected to report another drop in quarterly sales, deepening investor worries about a prolonged downturn ...
LVMH and Kering are expected to report another drop in quarterly sales, deepening investor worries about a prolonged downturn ...
Kering, then known as PPR, bought a controlling stake in Gucci in 1999 and has been instrumental in growing it into the luxury powerhouse that it is today. Its streak of success continued into the ...
The head of Qatar-backed investment fund Mayhoola on Friday denied an Italian newspaper report that suggested the fund and ...
Kering warned that first quarter sales at its star label Gucci would drop by around 20% due to weakness in Asia. REUTERS. The label is undergoing a design overhaul under the creative direction of ...
Kering said Gucci experienced a marked decrease in Asia-Pacific. Group revenues from Chinese consumers, both at home and abroad, fell 25% during the quarter, Poulou told analysts on a call.
By Louis Goss . Kering shares tumbled on Thursday after the Gucci owner reported a sharp drop in second-quarter sales and said it could see a 30% slump in firm-wide profits in the second half of 2024.
Reuters. A building acquired by Kering for its Gucci brand, as part of a wider push into real estate, stands in Paris, France May 28, 2025. REUTERS/Abdul Saboor ...
Kering, then known as PPR, bought a controlling stake in Gucci in 1999 and has been instrumental in growing it into the luxury powerhouse that it is today. Its streak of success continued into the ...
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