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François-Henri Pinault also shared his disappointment with the company's ailing share price. "We're obviously not satisfied ...
By Mimosa Spencer PARIS (Reuters) -Shares of Kering traded down 5% in European morning trade on Thursday, after the group ...
After years of strong results fueled by a rise in demand for luxury goods after the pandemic, customers dialed back on ...
François-Henri Pinault said Kering faced a "difficult start to the year." Stock in the Gucci and Bottega Veneta has almost ...
Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and ...
Kering shares fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts’ expectations for the first quarter, unnerving investors as the group navigates a slowdown in ...
The luxury conglomerate posted a company-wide revenue decline of 14% in Q1 and announced store closures amid a downturn in ...
Kering's results, marked by a 14% annual sales decline with a 25% drop at Gucci, added to signs the luxury sector could be ...
The Kering share price has imploded in the past few years as its sales growth waned in key markets, especially in China.
Gucci owner Kering saw its shares fall over 5% on Thursday after the group revealed its sales dropped more than expected in ...
The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...
Dragged down by weakness at its flagship Gucci brand, the French luxury group reported a 14 percent decline in the first ...