Kering

Gucci sales slump drags down Kering FY performance

Kering, which owns brands such Gucci, Yves Saint Laurent and Bottega Veneta, has reported a 29% drop in EBITDA to…

Read More »

Kering revenues dip 11% to €4.5bn in Q1

Kering’s revenues were down 11% to €4.5bn (£3.8bn) for the first quarter of 2024 as Gucci, Yves Saint Laurent and…

Read More »

Kering warns first quarter revenues to decline by 10%

Kering’s first quarter revenue of 2024 is likely to decline by approximately 10% on a comparable basis, from last year’s…

Read More »

Saudi PIF and Kering eye Selfridges stake

Saudi Arabia’s Public Investor Fund (PIF) and Gucci owner Kering are reportedly considering a stake in luxury department store Selfridges…

Read More »

Kering revenues fall 4% in FY23 despite ‘stable’ sales

Kering, the group that operates Gucci, Yves Saint Laurent and Bottega Veneta, reported that revenues declined 4% to €19.6bn (£16.7bn)…

Read More »

Kering Q3 revenues fall 13% amid cooling luxury demand

Kering Group, the owner of luxury brands Gucci, Yves Saint Laurent and Bottega Veneta, revealed that group revenues were down…

Read More »

Kering appoints Armelle Poulou as CFO

Kering has announced the appointment of Armelle Poulou as its new chief financial officer, effective September 1, 2023. Poulou joined…

Read More »

Kering acquires 30% stake in Valentino

Luxury fashion house Kering has entered into a binding agreement for the acquisition of a 30% shareholding in Valentino, for…

Read More »

Kering Q1 revenues hit €5bn amid ‘mixed’ results

Luxury goods company Kering has reported revenues of €5bn (£4.4bn) in its first quarter, up 2% on a reported basis…

Read More »

Kering set to pay £13m rent for Bond Street store

Luxury retailer Kering is set to pay £13m or more per year for a new Yves Saint Lauren store on…

Read More »