Kering is the French-based parent company of luxury clothing, apparel, and other high-end brand goods such as Gucci, Balenciaga, Yves Saint Laurent, Bottega Veneta, and Alexander McQueen. Gucci watches, wallets, and handbags are among the luxury brand’s best-selling products. At the end of 2022’s fourth quarter, sales for the company decreased by 7% due to … Read more
Group revenue: €9.9 billion, up 23% as reported and up 16% on a comparable basis. Kering’s financial result improved sharply in the first half of 2022. Group revenue in the first half of 2022 grew 23% as reported and 16% on a comparable basis compared to the first six months of 2021. Group revenue also … Read more
Kering luxury group reports good performance in the first quarter of the year. The luxury group announced it has delivered remarkable growth in consolidated revenue in the first quarter of 2019, up 21.9% as reported and 17.5% on a comparable basis to €3,785.3 million. Online sales continued to climb, and revenue from the wholesale … Read more