Kering shares soared in early trade as investors and analysts cheered reports that industry outsider Luca de Meo was set to become group CEO.

Gucci parent, Kering, appointed Renault's former CEO, Luca de Meo, as its chief executive, as the company struggles to ...

A collaboration between Pomellato and Gucci aims to replicate the success of Boucheron and offset falls in fashion sales ...

Celebrated, controversial and clearly up for a challenge, fashion designer Demna is set to step into one of the most ...

Gucci sales plunged 24% annually in the fourth quarter to 1.92 billion euros, Kering reported last month, amid a broader 12% fall in group revenues. Kering confirmed that Demna's appointment will ...

Kering vs. LVMH. Kering, formerly Pinault-Printemps-Redoute SA (PPR), got involved in Gucci in 1999. Luxury stock rival LVMH Moët Hennessy Louis Vuitton SE (LVMHF-1.13%) had been quietly ...

Kering just announced its 1Q24 revenues would decline 10%, with Gucci off 20%. But LVMH is entering 2024 with a positive outlook. It's a study in contrasts in luxury.

Solca reduced Kering’s share price target to 492 euros from 582 euros, declaring there was “no big bang” in Milan. In short, Bernstein’s team didn’t see enough on Gucci’s spring 2024 ...

In trying to reduce Kering's over-reliance on struggling flagship label Gucci, French billionaire Francois-Henri Pinault has created another problem, as a string of acquisitions piled up debts ...

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.

Italian luxury brand Gucci has appointed Georgian designer Demna as its artistic director, owner Kering said on Thursday, as it tries to revitalise its struggling flagship label and stop a slide ...