A sluggish economy, an austere political mood and the feeling among some consumers that pricey brands are passé have combined ...
European luxury goods makers say they could draw on pricing power to offset the cost of any tariffs imposed by U.S. President ...
One of the most rock-solid marriages in the entertainment world is that of Salma Hayek and François-Henri Pinault, who are ...
From Michelle Obama calling Barack Obama her "rock" to Cindy Crawford posting a throwback of Rande Gerber, here's how the ...
Valentine’s Day is not just about roses, it is also about power couples flexing their financial muscle. And Prince Harry and ...
Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
Gucci’s downturn extended into the final stretch of 2024, with fourth-quarter revenue falling 24%, closing out a year in which sales at Kering’s flagship brand dropped 23% to EUR 7.7 billion (USD 8 ...
The Manila Times on MSN6d
Gucci owner's annual profit plunges
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house. Its share price ...
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
Philanthropic St. Helena winery in its third year of offering 30-40 annual scholarships for talented first-generation ...