Kering said the deal is part of a real-estate strategy that aims to secure retail locations for its brands, while enhancing ...
The parent company of Gucci, Yves Saint Laurent and Balenciaga sold a 60% stake in the 115K SF property to French private ...
Kering made good on its goal to sell a massive stake in the Fifth Avenue property it bought roughly two years ago. Private ...
Gucci owner Kering SA will get $690 million following its sale of a stake in a New York property to French investment fund ...
July 29 (UPI) --France-based Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to "uncertain" global factors. Gucci sales dropped ...
LONDON — October is bringing more tricks than treats to the big luxury goods groups, two of which have seen their stocks downgraded by industry analysts. On Wednesday, Bernstein’s Luca Solca ...
Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions. The rare ...
PARIS (Reuters) -Kering's overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and some encouraging signs at ailing flagship brand ...
Kering's management shakeup and focus on accelerating Gucci's growth is a promising sign for the company's future. The introduction of new creative designer Sabato De Sarno and planned brand ...
Kering shares took a hit this week after Gucci announced that Balenciaga’s Demna would be stepping into the role of Artistic Director, effective this July. Per a report from Reuters, which also ...
Kering announced Tuesday the departure of the long-time chief executive of Gucci, the luxury group’s main brand which has struggled as the industry has flourished. Kering said that Marco Bizzarri, who ...