Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...

Kering lost nearly $3 billion in market value due to appointing in-house designer Demna to lead Gucci’s creative direction, resulting in a 13% drop in shares. Analysts question if Demna’s ...

And he has the confidence of Kering CEO Francois-Henri Pinault, who once told The New York Times he believed Demna could create a “megabrand”. When Pinault named the Georgian-born Demna ...

WrapStyle: Plus, American Contemporary Ballet debuts two new works, Courteney Cox’s Homecourt launches a laundry collection ...

We now expect 2025 to be another depressed year for the brand.

Kering's 2024 sales fell 12%, EBIT was down 46%, with a year-end net debt of €10.5 billion. Real estate divestments raised liquidity concerns. New Gucci Artistic Director Demna's controversial ...

Their companies are merging, but the two women - Miuccia Prada and Donatella Versace - could not be more different. Last week ...

Now, after a decade of cultivating social media frenzies, Demna is leaving Balenciaga to become the artistic director of Gucci. This decision might come as a shock to the fashion world, but a ...

Balenciaga has unveiled a new shoe collaboration with Scholl Shoes. The luxury label’s latest tie-up was born from “Demna’s ...

(Reuters) -Italian luxury brand Gucci has appointed Demna as its artistic director, owner Kering said on Thursday, in a much-awaited move to revitalize the struggling label. The appointment comes ...

“Demna’s contribution to the industry, to Balenciaga and to the Group’s success has been tremendous,” François-Henri Pinault, chairman and CEO of Kering (which owns both Balenciaga and ...