Shares in Gucci-owner Kering rose on Thursday, shrugging off the French luxury goods company's warning that 2024 operating income would almost halve to its lowest in years due to weak demand in China.
The changes come amid plummeting revenue at the conglomerate and luxury sector challenges across the industry.
The French luxury conglomerate has partnered with Saudi Arabia’s Fashion Commission to support fashion startups based in or ...
From January 2, 2025, Cédric Charbit will take over as CEO of Yves Saint Laurent and Gianfranco Gianangeli will become CEO of ...
The latest appointments at the Gucci owner come as the luxury-goods industry navigates a turbulent time.
Kering has announced the appointment of Cédric Charbit as CEO of Saint Laurent and Gianfranco Gianangeli as CEO of Balenciaga ...
French group Kering, parent of both Paris ... Bellettini has helmed Saint Laurent since 2013, initially working with designer ...