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Dec. 22, 2025
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Commerce

Kering issues profit warning as Gucci sales drop

March 21, 2024

Luxury shares tanked following the unscheduled announcement on Tuesday. Image credit: Kering Luxury shares tanked following the unscheduled announcement on Tuesday. Image credit: Kering

 

By Luxury Daily News Service

French luxury conglomerate Kering is preparing investors for a sobering Q1 earnings report.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Kering to acquire jewelry manufacturer Raselli Franco Group
  3. Ennismore picks Bangkok site for first-in-region SLS Residences
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Exclusive Resorts purchases Inspirato for $59M
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Lamborghini heads to French Alps for women-led driving series
  8. Dolce & Gabbana debuts Devotion fragrance film
  9. Laura Burdese to succeed Bulgari CEO
  10. Nordstrom ignites gifting spirit with ‘Oh, What Fun!’
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