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Gucci

Kering targets profit margin boost amid Gucci slump

Kering, the owner of Gucci, has announced plans to double its recurring operating profit margin as part of a broader strategy to revive growth after a period of underperformance.

16 Apr 2026-09:57
Kering shares fall after Gucci sales drop 8%

Kering shares fell more than 4% in premarket trading after weaker-than-expected sales from its flagship brand Gucci, which reported an 8% decline in first-quarter revenue.

15 Apr 2026-10:30
Dolce & Gabbana names ex-Gucci CEO as co-CEO

Italian luxury fashion house Dolce & Gabbana has appointed former Gucci chief executive Stefano Cantino as its new co-CEO, marking a major leadership change at the company.

13 Apr 2026-10:56
Luxury stocks' volatility highlights AI jitters, hedge fund positioning

As luxury companies like LVMH (LVMH.PA), opens new tab and Gucci-owner Kering (PRTP.PA), opens new tab struggle to recover from a two-year slowdown, they are navigating increasingly sharp share price swings stoked by hedge fund bets and investor nerves over AI-rattled markets.

17 Feb 2026-09:48
Chanel, Kering lead Saks Global’s top creditors

French luxury giant Chanel and Gucci owner Kering are the largest unsecured creditors of bankrupt U.S. department store Saks Global, with claims of $136 million and $60 million, respectively, according to court documents.

14 Jan 2026-17:33
Gucci heiress launches ‘UNITY’ bag to benefit Melania Trump initiative

07 Dec 2025-19:10
Italian police probe 13 fashion brands over labor

Italian police visited the headquarters of 13 high-end fashion brands on Wednesday, requesting documents on governance and supply-chain oversight as part of an investigation into alleged worker abuse at subcontractors.

04 Dec 2025-10:30
Kering sells beauty division to L’Oreal for $4.7 billion

Luxury group Kering, owner of Gucci, has agreed to sell its beauty division to L’Oreal for €4 billion ($4.66 billion), marking the biggest deal in L’Oreal’s history and a major strategic shift for Kering under new CEO Luca de Meo.

20 Oct 2025-10:59
EU fines Gucci, Chloe and Loewe €157 million for price-fixing

The European Commission has fined luxury fashion brands Gucci, Chloe, and Loewe a combined €157 million ($182 million) for breaching EU competition rules by fixing resale prices.

14 Oct 2025-14:15
Hackers steal client data from Gucci, Balenciaga and McQueen parent Kering

Hackers have stolen private data belonging to millions of customers of Gucci, Balenciaga and Alexander McQueen.

15 Sep 2025-20:25

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