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 ...

Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its ...

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

Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to ...

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

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

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

Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...

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 ...

Kering faces financial pressure as it has made big acquisitions, including of perfume maker Creed for €3.5 billion. “Kering has many issues right now, but Gucci is core.