Gucci, Kering

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, said sales over the last three months of the year were 4.39 billion euros ($4.52 billion), down 12% on a comparable basis, in line with expectations according to a Visible Alpha consensus cited by UBS.
Gucci faces uphill battle as Kering profits slump
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
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.
Gucci sales slump continues as market awaits turnaround
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of weak sales and has yet to name a new chief designer to galvanise the Italian brand.
Gucci Parent Kering Posts Revenue Slump
The French luxury group reported lower revenue at a time when some peers have signaled a potential rebound in demand.
Gucci Sales Tumble as Kering Turnaround Fails to Take Shape
Gucci quarterly sales tumbled as Kering SA’s biggest label struggles to emerge from an extended demand downturn.
In Another Shock to Fashion, Gucci’s Designer Is Leaving
Sabato De Sarno’s departure adds to the industry turmoil.
Kendall Jenner Carries a Gucci Starter Wallet With Her Minimalist Classics
No celebrity is completely immune to the rise of the loud luxury trend —not even avowed minimalist Kendall Jenner. The Gucci ...
Reuters9d
Design chief De Sarno leaves Gucci as brand seeks revival
Barclays analyst Carole Madjo said the Gucci brand, famous for its loafers, handbags and belts ... De Sarno's departure is another high-profile designer change in the luxury industry as it ...