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April 25, 2026
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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. Off the Cuff: A Q&A with Bergdorf Goodman’s Tracy Margolies
  2. Louis Vuitton adds Berlin to Travel Book collection
  3. Porsche builds 'Toy Story'-inspired 911s for charity auction
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  5. Luxury brands are now limited in naming capacity
  6. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
  7. McLaren hires Ford’s Kemal Curic as chief design officer
  8. LVMH appeals to eco-conscious consumers with new sourcing standards
  9. Prada taps ‘Re-Nylon’ profits to resource environmental education
  10. Business jet departures climbed to record 3.88M globally in 2025: report
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