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Francois Pinault, the octogenarian founder of Kering SA, has seen his family’s fortune drop by more than two-thirds since a pandemic-era boom as his son struggles to turn around the French luxury ...
François-Henri Pinault said Kering faced a "difficult start to the year." Stock in the Gucci and Bottega Veneta has almost ...
Stock markets were mostly lower on Thursday as China poured cold water on US President Donald Trump's comments talking up the ...
Shares of Kering traded down 5% in European morning trade on Thursday, after the group reported a first-quarter sales drop ...
Gucci sales tumbled 25% in the first quarter compared to the same period last year, signaling challenges for parent company Kering’s attempts to revive its biggest brand.
Dragged down by weakness at its flagship Gucci brand, the French luxury group reported a 14 percent decline in the first ...
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 ...
PARIS (Reuters) - Shares of Kering dropped 5.42% at market open on Thursday, after the company reported first-quarter sales ...
After years of strong results fueled by a rise in demand for luxury goods after the pandemic, customers dialed back on ...
Gucci’s 25% sales drop in Q1 adds pressure on Kering to revive its top brand as luxury demand softens and U.S. tariffs weigh ...