Sign In
Buy PPRUY
$28.13
-1.35 (-4.58%)
At Close: Jun 03, 2026
Gucci Sales Drop 18% In Q1 Amid China's Slowdown And Demand For ‘Quiet Luxury'
12:23pm, Tuesday, 23'rd Apr 2024
French conglomerate Kering—owner of Gucci, Yves Saint Laurent, Bottega Veneta and other luxury brands—reported on Tuesday a 10% drop in first-quarter sales, as its star label Gucci faces slowdown
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
11:50am, Tuesday, 23'rd Apr 2024
French luxury group Kering reported a 10% drop in first-quarter sales on Tuesday, dragged down by a slowdown at its star label Gucci, which suffered from weakness in Asia while undergoing a design ove
Kering: Press release - First-quarter 2024 revenue
11:45am, Tuesday, 23'rd Apr 2024
Kering - Press release - First-quarter 2024 revenue
Kering - Press release - Arrangements AGM April 25, 2024 - EN
Kering brings in PR veteran to help Gucci turnaround
08:37am, Thursday, 11'th Apr 2024
Gucci has slotted in another piece of its turnaround plan with the appointment of veteran communication executive Stefano Cantino as deputy chief executive after luring him away from Louis Vitton. Pre
Gucci owner Kering in Europe's biggest property purchase since 2022
06:53am, Thursday, 04'th Apr 2024
Gucci's owner Kering has purchased a retail block in Milan for €1.3 billion, marking Europe's largest property sale since 2022. Via Monte Napoleone 8 Source: Kryalos Via Monte Napoleone 8, whic
Gucci owner Kering buys property in Milan fashion district for $1.4 billion
03:51am, Thursday, 04'th Apr 2024
Kering is buying a historic building in Milan's fashion district for roughly 1.3 billion euros ($1.41 billion), expanding its presence in one of the world's most iconic avenues.
While Kering's Gucci Warns Of 20% Decline, LVMH Sees Growth In Luxury
03:45pm, Thursday, 28'th Mar 2024
The French luxury conglomerate Kering, number two in the global luxury market, just issued a rare warning that first-quarter revenues are expected to decline 10% from last year's $5.5 billion (€5.1
Gucci parent Kering may need ‘big brand reset' - analysts
09:58am, Friday, 22'nd Mar 2024
Gucci parent Kering could be due a “big brand reset” following Wednesday's profit warning on the back of waning demand for its leading brand, analysts have said. Paris-based Kering warned like-for
Gucci parent Kering's shares plunge 15% as sales in Asia nosedive
11:37am, Wednesday, 20'th Mar 2024
Kering forecast group sales would decline by about 10% for the first three months of the year, significantly worse than consensus expectations for 3% drop.
Gucci parent Kering has faces external and internal headwinds
11:35am, Wednesday, 20'th Mar 2024
Are Gucci's waning sales a product of a falling global appetite for luxury items, or internal issues at parent company Kering? Kering's sales in the first quarter are expected to fall by 10% year-on-y
Gucci sales to fall 20% in first quarter, Kering warns
11:00am, Wednesday, 20'th Mar 2024
CNBC's Charlotte Reed discusses Kering's surprise profit warning, as the company forecasts Gucci sales will fall 20% in the first quarter of 2024.
Kering stock dives as Gucci sales forecast to skid by 20%
05:44am, Wednesday, 20'th Mar 2024
Luxury fashion house Kering has said it expects a slowdown in Asia will see sales from its top brand Gucci drop 20% in the first quarter of 2024, in a rare profit warning that caused its share price t
Kering Warns Gucci Sales Set to Plunge 20% in 1Q
05:19am, Wednesday, 20'th Mar 2024
Kering SA shares tumbled, wiping out more than €7 billion euros ($7.6 billion) from its market value after the French luxury group warned that sales at Gucci, its biggest brand, have fallen about 20
Gucci owner sacres luxury industry with profit warning
04:51am, Wednesday, 20'th Mar 2024
Gucci owner Kering has issued a profit warning as it experienced a slowdown in sales. It makes it one of the only leading companies in the sector to have suffered a profit downgrade because of the di
