News

Valentino's operating profit experienced a 22 per cent drop in 2024, attributed to a slowdown in the luxury sector and ...
The Qatar Investment Authority said on Thursday it had no intention to buy Kering's prestigious building on via ...
Hermès announces a significant price increase on luxury bags and accessories in the U.S. due to new import tariffs from the ...
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Italian fashion house Valentino's operating profit dropped 22% last year, the company said on Friday, as the luxury sector ...
The potential deal for the Milan property, which Kering acquired less than a year ago for 1.3 billion euros ($1.4 billion), ...
On Friday morning, Valentino shared its financial results for the full year 2024, revealing that its profits dropped a sizeable 22% to €246 million EUR in the 12 months as the company struggled to ...
The Qatar Investment Authority (QIA) is eyeing the purchase of a stake in Kering's prized building on Via Monte Napoleone in ...
Sunshades also manages the distribution of nearly 20 other branded eyewear, including luxury brands such as Balenciaga, ...
It faces increasing financial pressure amid plummeting sales at its flagship brand Gucci. Kering bought the Milan property from Blackstone less than a year ago for 1.3 billion euros ($1.4 billion).
PARIS (Reuters) - Gucci owner Kering said on Thursday its high-end eyewear division had signed an agreement to acquire the entire share capital of Italian manufacturer Visard and a minority stake in ...
Kering's 2024 sales fell 12%, EBIT was down 46%, with a year-end net debt of €10.5 billion. Real estate divestments raised liquidity concerns. New Gucci Artistic Director Demna's controversial ...