Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its Gucci label rather than hiring one of fashion’s big-ticket names as ...

French luxury goods group Kering (PPRUF) announced the acquisition of stakes in two Italian eyewear manufacturers, Visard and ...

Gucci has tried hard to be provocative and relevant in the past, which has led to head-scratchers — like a sweater resembling ...

The Qatar Investment Authority said on Thursday it had no intention to buy Kering's prestigious building on via ...

PARIS, April 3 (Reuters) - Gucci owner Kering (PRTP.PA), opens new tab said on Thursday its high-end eyewear division had signed an agreement to acquire the entire share capital of Italian ...

At the end of COVID, Kering was doing well, mainly on the back of their most famous house, Gucci. New money crypto millionaires dressed hat-to-shoes in their double-G monogram; women worldwide ...

Kering lost nearly $3 billion in market value due to appointing in-house designer Demna to lead Gucci’s creative direction, resulting in a 13% drop in ...

WrapStyle: Plus, American Contemporary Ballet debuts two new works, Courteney Cox’s Homecourt launches a laundry collection ...

Shares in Kering sank, after the French fashion conglomerate named the provocative designer Demna as artistic director of Gucci, its largest brand. Kering stock recently stood more than 13% lower ...

Both Visard and Mistral are Italian eyewear manufacturers. Under the deal, Kering will acquire all of Visard's share capital and will become a minority shareholder in Mistral with the possibility to ...

Gucci’s prolonged sales decline, including a 24% drop in revenue in the fourth quarter of 2024 alone, has heavily weighed on Kering, with group shares down around 40% year-on-year while a ...

It faces increasing financial pressure amid plummeting sales at its flagship brand Gucci. Kering bought the Milan property from Blackstone less than a year ago for 1.3 billion euros ($1.4 billion).