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Gucci, Kering
Gucci sales slump continues as market awaits turnaround
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, but flagged a slight improvement in major markets China and the United States.
Signs of Stabilization at Gucci Boost Kering
Revenue at Gucci, Kering SA's biggest label, fell 24% on a comparable basis in the final quarter of last year, but cost-control measures helped Kering generate annual profit that slightly beat analysts' estimates.
Kering hit by weak sales at Gucci
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround. Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.
16h
on MSN
Shares in Gucci-owner Kering rise on turnaround hopes
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...
4d
Gucci’s Top Designer Departs as Brand Loses Mojo
The exit of the fashion house's creative director illustrates its struggle to reinvent itself.
5d
In Another Shock to Fashion, Gucci’s Designer Is Leaving
Sabato De Sarno’s departure adds to the industry turmoil.
22h
on MSN
Gucci Sales Slump Continues as Kering Seeks New Designer
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Yahoo
15d
Gucci to Open a Buzzy Milan Fashion Week Next Month
OPENING ACT: The couture season is in full swing in
Paris
, but Milan has already moved on and is looking ... Italian fashion chamber’s press conference is slated for Feb. 5 —
Gucci
has already ...
voguebusiness
4d
A to-do list for Gucci’s next creative director
As Sabato De Sarno’s exit from the Italian house triggers an avalanche of rumours about his successor, we lay out the key ...
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