Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. Macy is a Writer on the CNET How-To team, covering a variety of topics ...

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That’s despite a sector-wide slowdown has slammed luxury labels industrywide, including Louis Vuitton parent LVMH, headed by billionaire Bernard Arnault, and Gucci parent Kering. Tight inventory ...

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 ...

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 ...

Hermès and Kering are a case in point. In a sector that has so far posted an organic revenue decline of 2 per cent, according to Luca Solca at Bernstein, Hermès defied the slowdown with an 11.3 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kering on Wednesday warned profits would almost halve this year after sales at the French luxury goods ...

Kering saw significantly lower sales in the third quarter, with Gucci posting the largest decline due to challenging market conditions in Asia Pacific. Kering’s sales fell 15 per cent to €3.79 billion ...

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 ...