Luxury Daily
The authority in luxury news.
June 19, 2025
  1. Luxury is about to have its McDonald’s moment
  2. Luxury Unfiltered: Intimate storytelling is the new status symbol in luxury
  3. Luxury purchase intent declining: Saks Global
  4. Omega rejuvenates Aqua Terra watch line
  5. BMW to present hydrogen car installation at Art Basel 2025
  6. Chrono24 rebrands in bid to lead global collector community
  7. Annual operating profits down 18pc at Valentino
  8. Roberto Coin brings in Hollywood heavyweight for global campaign
  9. Bugatti opens new Washington showroom
  10. Hublot to serve as timekeeper of UEFA Women's Euro 2025
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

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.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Luxury is about to have its McDonald’s moment
  2. Luxury Unfiltered: Intimate storytelling is the new status symbol in luxury
  3. Luxury purchase intent declining: Saks Global
  4. Omega rejuvenates Aqua Terra watch line
  5. BMW to present hydrogen car installation at Art Basel 2025
  6. Chrono24 rebrands in bid to lead global collector community
  7. Annual operating profits down 18pc at Valentino
  8. Roberto Coin brings in Hollywood heavyweight for global campaign
  9. Bugatti opens new Washington showroom
  10. Hublot to serve as timekeeper of UEFA Women's Euro 2025
VIDEOS
More Videos

MORE IN Commerce
Kering hands CEO title to former Renault head Luca de Meo
American Express plans biggest Platinum Card refresh yet
JW Marriott opens first property in Greece
Alfa Romeo signs on as sponsor of Italian sailing team
Rebag links with Luxury Stores at Amazon
Kering Eyewear acquires Italian manufacturer Lenti



RECENT ARTICLES
Omega rejuvenates Aqua Terra watch line
Follow @LuxuryDaily for the latest in luxury news
Van Cleef & Arpels opens first Florence storefront

Creative director Francesco Risso exits Marni
BMW to present hydrogen car installation at Art Basel 2025
Luxury purchase intent declining: Saks Global