S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said ...

About 1,000 unionized Gucci employees are threatening to strike over unpaid welfare bonuses promised by parent company Kering ...

Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled and performance across the rest of the group has also deteriorated amid a ...

The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...

The timing could not be more perfect for the fashion brand itself. Bernard Arnault, chief executive officer of LVMH Moet ...

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to ...

Employees at fashion house Gucci in Italy are threatening strike action, accusing the Kering-owned brand of denying them a ...

The personal luxury goods market is losing its luster. Recent sales figures show that the industry, which proved resilient after pandemic lockdowns, is slowing down. Is luxury finally going out of ...

Approximately 1,000 Gucci Italia retail employees are protesting. Trade unions Filcams Cgil, Fisascat Cisl and Uiltucs ...

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci ...

Kering struggles with declining revenue and margins amid industry shifts. Click here for a full investment analysis.