In a report on Kering's investment grade credit rating, S&P analysts highlighted weakening consumer demand for the French ...

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

(Reuters) -Valentino CEO Jacopo Venturini has stepped down from the Italian luxury house for personal reasons, Women's Wear ...

Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its finance chief flagging further price hikes in the United States to counter ...

Valentino's CEO, Jacopo Venturini, has stepped down from his role, leaving the luxury brand seeking new leadership. His ...

Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...

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

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

Kering's biggest brand Gucci saw its second-quarter sales fall most sharply, in posting a 20% drop to EUR2 billion, as the luxury firm's second-biggest selling brand, Yves Saint Laurent, also saw ...

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 ...

Valentino CEO Jacopo Venturini has stepped down, the Italian luxury house said on Thursday, leaving the Mayhoola- and ...