He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...

The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.

The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...

With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...

Sabato De Sarno’s departure adds to the industry turmoil.

Sabato De Sarno is exiting Gucci two years after he was appointed as creative director, the brand announced on Thursday. Its ...

Gucci has announced that its creative director of under two years, Sabato De Sarno, has left the position just two and a half ...

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...

The exit of the fashion house's creative director illustrates its struggle to reinvent itself.