And right now, only our readers can score exclusive savings on over a dozen designer items at Gilt — including styles from the likes of Saint Laurent, Gucci, Dior and Jacquemus. Read on to shop ...

Hermes sales rose as the Birkin bag maker met resilient demand for its pricey handbags, bucking the broader luxury market slump that’s dragged down peers like Gucci-owner Kering SA.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kering on Wednesday warned profits would almost halve this year after sales at the French luxury goods ...

Gucci’s owner has said it will make its communication “more efficient” and “diversify” its use of media channels to recover from weak performance in recent months. The luxury fashion house posted ...

(Bloomberg) -- One of Kering SA’s longest-standing bulls has thrown in the towel, dealing another blow to the Gucci-owner just days ahead of a sales update. Citibank Inc. downgraded the stock to ...

Then $75 per month. Complete digital access to quality FT journalism. Cancel anytime during your trial.

Kering said its operating profit would nearly halve this year after posting sales below analysts’ expectations ... Pacific region continues to weigh on Gucci. The French luxury group—which ...

Hermes sales rose as the Birkin bag maker met resilient demand for its pricey handbags, bucking the broader luxury market slump that’s dragged down peers like Gucci-owner Kering SA. Sales increased 11 ...

French luxury group Kering said Wednesday its 2024 operating profit could come in at half of last year's level as a sales slump at its flagship Gucci house worsens. Sales revenue came in at 3.8 ...

Sales at Gucci, which accounts for half of annual group sales and two-thirds of profit, continued to slide and were down 25% in the quarter, compared to analysts' consensus expectations for a 21% ...

FRENCH luxury goods group Kering warned on Wednesday (Oct 23) its full-year operating income would almost halve after reporting a larger-than-expected drop in third quarter sales, as weak demand in ...