As Kering focuses on its core luxury brands - including Gucci, Saint Laurent, Bottega Veneta - the company is handing off ...

Meanwhile, Gucci is in a more difficult position than rivals, as it caters to affluent rather than super-rich shoppers. LVMH Moet Hennessy Louis Vuitton SE, owner of Louis Vuitton and Loewe, which ...

The luxury market has had a stagnant 2024, but Gucci owner Kering has seen a far worse performance at the stock markets. Gucci's waning popularity has impacted the company's profits and continued ...

Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties to French private equity firm Ardian SAS for €837 million (~$862 ...

Kering and Simon® today announced the finalization of the sale of 100% of The Mall Luxury Outlets entities held by Kering to Simon, the US real estate investment trust engaged in the ownership of ...

Kering has finalised the sale of its entire stake in The Mall Luxury Outlets to Simon, the U.S.-based real estate investment ...

Consumer companies ticked down amid mixed earnings. Gucci owner Kering and other European luxury brands sold off following a lackluster earnings report from bellwether LVMH.

Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...

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

Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury ...

Press release_Kering and Simon announce the sale of The Mall Luxury Outlets 30 01 25PRESS RELEASE January 30, 2025 KERING AND SIMON ANNOUNCE THE COMPLETION OF THE SALE OF 'THE MALL LUXURY OUTLETS' Ker ...