Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties ...

Meanwhile, Gucci is in a more difficult position than rivals, as it caters to affluent rather than super-rich shoppers. LVMH ...

Kering sells 60% of Paris properties amid Guccis poor performance Kering divests significant stakes in Paris real estate as ...

The deal valued at 837 million euros will give Kering a cash infusion as it seeks to shore up its balance sheet.

Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal ...

Luxury group Kering has signed an agreement with investment firm Ardian for the sale of 837 million euros worth of real ...

The luxury market struggles in 2024 with Gucci owner Kering seeing poor stock performance, impacted by waning popularity and ...

Revenues at Gucci, Kering's biggest money-maker, plunged 26% in the third quarter as a prolonged sales slump continues.

Gucci owner Kering has transferred three of its Paris real estate assets to a new joint venture with French private equity ...

Gucci owner Kering has transferred three of its Paris real estate assets to a new joint venture with French private equity firm Ardian, freeing up 837 million euros ($860.27 million) in proceeds, the ...

The French group said it will receive net proceeds of €837 million. Kering will retain 40% of the ownership in the prime real ...