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Dec. 22, 2025
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Commerce

Kering rocked by 11pc sales dip in Q1

April 24, 2024

Gucci’s global underperformance led to a down quarter for the group. Image credit: Kering Gucci failed to recover from the performances of previous quarters, delivering double-digit growth losses for the first three months of 2024. Image credit: Kering

 

By Luxury Daily News Service

French luxury conglomerate Kering is reeling from a major setback.

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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. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  6. Exclusive Resorts purchases Inspirato for $59M
  7. Lamborghini heads to French Alps for women-led driving series
  8. Laura Burdese to succeed Bulgari CEO
  9. Dolce & Gabbana debuts Devotion fragrance film
  10. ‘Sound. Elevated.’ from Bang & Olufsen marks centennial
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