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Kering shows 13.3pc jump to $17.3B in revenue last year

February 12, 2020

Kering brand Bottega Veneta's back, with a 2.2 percent growth in 2019. Image credit: Bottega Veneta: Photo credit: Tyrone Lebon Kering brand Bottega Veneta's back, with a 2.2 percent growth in 2019. Image credit: Bottega Veneta: Photo credit: Tyrone Lebon

 

By Luxury Daily News Service

Gucci owner Kering, undaunted by a challenging environment in China, reported $17.3 billion (€15.9 billion) in revenue for 2019, up 16.2 percent as reported and 13.3 percent on a comparable basis.

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  1. 35pc of aspirational consumers reduced or paused luxury spending in past year: BCG, Altagamma
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  3. Chrono24 names first-ever chief growth officer
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  5. Positive Luxury partners with Buyerdock
  6. LVMH to collaborate with authentication platform through startup program
  7. Inside Chanel shares masculinity’s influence on house styles
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