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The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged ...
Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and ...
The stock fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts’ expectations, unnerving investors ...
François-Henri Pinault also shared his disappointment with the company's ailing share price. "We're obviously not satisfied at all, far from it," he said.
After years of strong results fueled by a rise in demand for luxury goods after the pandemic, customers dialed back on ...
The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...
Francois Pinault, the octogenarian founder of Kering SA, has seen his family’s fortune drop by more than two-thirds since a ...
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