Kering

KERING (KER-FR) earnings Q1 2025 newsthirst.

newsthirst2 months ago2 months ago05 mins

A Gucci luxury boutique in Paris, France, on Tuesday, Oct. 22, 2024. Bloomberg | Getty Images Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead. Revenues at the fashion giant plunged 14% year-on-year in the first quarter to 3.9 billion euros…

World News

Kering slightly beats fourth-quarter forecasts but sales at embattled Gucci brand plunge 24% newsthirst.

newsthirst4 months ago4 months ago06 mins

A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty Images French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The high-end fashion group, whose brands…

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