Princess Kate made a radiant appearance on Saturday at the annual Royal British Legion Festival of Remembrance at the Royal Albert Hall. In accordance with the traditional all-black dress code ...
French luxury group Kering said Wednesday its 2024 operating profit could come in at half of last year's level as a sales slump at its flagship Gucci house worsens. Sales revenue came in at 3.8 ...
Group revenue in the third quarter of 2024 was €3.8 billion, down 15% as reported and down 16% on a comparable basis. The change in revenue as reported includes a negative currency effect of 1% ...
The sector-wide luxury slowdown continues to claim more victims as French luxury conglomerate Kering warned that profits may post even lower than the already poor forecast due to declining ...
Gucci just had a bad quarter, and Kering is attributing the lackluster performance to a slump in its Asia Pacific market. The Italian luxury brand saw a 25% drop in quarterly revenue as compared ...
Kering said its operating profit would nearly halve this year after posting sales below analysts’ expectations in the third quarter, as a slump in demand for luxury goods in the Asia-Pacific ...
A week after LVMH announced dismal third-quarter earnings and a day after Kering reported a 15% year-on-year decline in revenue in its most recent quarter, the French luxury design house has ...
PARIS, Oct 23 (Reuters) - Kering (PRTP.PA), opens new tab warned on Wednesday its 2024 operating income would almost halve to its lowest in years as weak demand in China deepened the struggles of ...
PARIS (Reuters) -Kering warned on Wednesday its 2024 operating income would almost halve to its lowest in years as weak demand in China deepened the struggles of the French luxury goods group's ...
Welcome to the Kering 2024 Third Quarter Revenue Conference Call and Webcast. Please be advised that today’s conference is being recorded. As a reminder, all participants are in listen-only mode.
KERING warned that its annual profit will fall to the lowest level since 2016 as a slump in Chinese demand for luxury goods hampers a turnaround of the French fashion group’s biggest label, Gucci.
PARIS, Oct 24 (Reuters) - Shares in Gucci-owner Kering (PRTP.PA), opens new tab rose on Thursday, shrugging off the French luxury goods company's warning that 2024 operating income would almost ...