net profit down 17% and sales down 4% in 2023
By AFP Published Feb 8, 2024 Luxury group Kering announced on Thursday that net profit would fall by 17% in 2023, to €2.98 billion, and that sales would fall by …
Jean-François Palus
Gucci names Massimo Vian head of industrial operations and supply chain
Translated by Nicola Mira Published Dec 15, 2023 A new executive will soon take charge of industrial operations at Gucci. The Kering group’s leading label has appointed Massimo Vian, formerly …
Gucci unveils new boutique concept at its renovated Milan store
Translated by Roberta HERRERA Published Dec 13, 2023 Following an extensive year-long refurbishment, Gucci unveils its fully renovated flagship store in Milan. The reopening of its historic boutique, established since …
Gucci takes legal action against American retailers for counterfeit sales
Translated by Roberta HERRERA Published Nov 24, 2023 Gucci is once again taking on the scourge of counterfeiting. Through its American subsidiary, Gucci America Inc, the luxury brand under the …
Head of industrial operations for leather goods Massimo Rigucci set to leave
Translated by Nicola Mira Published Nov 23, 2023 The haemorrhage of senior executives at Gucci continues. After the departures of its creative director Alessandro Michele and CEO Marco Bizzarri, the …
Kering still believes in Gucci after disappointing results
Translated by Cassidy STEPHENS Published Oct 26, 2023 Between July and September 2023, Kering saw all its activities decline, with the exception of its eyewear division, Kering Eyewear. Its fashion …