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Gucci, Kering

Gucci Sales Dive as Kering Label Faces Another Design Change

Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three years.

CNBC on MSN · 4d

Gucci sales plunge 25% in the second quarter as woes persist at luxury giant Kering

Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.

UPI on MSN · 4d

Sales at Kering-owned luxury brand Gucci drop 25%

Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to "uncertain" global factors.

Kering: No Signs Of Recovery At All

Kering's Q2 results confirm ongoing crisis: group revenue fell 15% y/y, with Gucci sales plunging 25% and no signs of ...

NBC DFW1y

Gucci owner Kering tanks 14% after Asia profit warning, dragging down ...

Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions.

New York Post1y

Gucci parent Kering’s shares plunge 12% as sales in Asia nosedive

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 to Award €20 Million Welcome Bonus to New CEO Luca de Meo

Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...

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