French luxury and lifestyle company Kering said its priority is to give “fresh impetus” to its flagship brand Gucci, as business at the label took a deep dive in the first quarter.
Similar Stories to Kering To Give Priority To Gucci As Sales Dive on Bing News
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BING NEWS:
- France's Kering warns on 2024 operating profit as Gucci sales fall
Sales at Gucci, which accounts for half of annual group sales and two-thirds of profit, continued to slide and were down 25% in the quarter, compared to analysts' consensus expectations for a 21% ...
10/23/2024 - 6:21 am | View Link - Kering Sees 2024 Operating Profits Halving As Gucci Sales Tank
Kering appointed a new director general at Gucci earlier this month to try to revive sales at the struggling house. "Our absolute priority is to build the conditions for a return to sound ...
10/22/2024 - 1:00 pm | View Link - Kering Expected to Post Lower Sales as Gucci's Turnaround Journey Continues -- Earnings Preview
Kering, the owner of high-end brands such as Gucci and Yves Saint Laurent ... Here is what you need to know. SALES FORECAST: The French luxury group is expected to book quarterly revenue of ...
10/21/2024 - 9:54 pm | View Link - More
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