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Kering

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
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
Kering and Mayhoola inject €100 million into struggling Valentino

French luxury group Kering and Qatar-backed investment fund Mayhoola will inject €100 million ($117 million) into Valentino to stabilize the Italian fashion house’s finances after it breached loan terms earlier this year, according to a corporate document reviewed by Reuters.

11 Nov 2025-16:38
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
LVMH sales beat expectations, driving luxury stocks higher

Shares of LVMH surged 12–13% on Wednesday after the luxury giant reported better-than-expected Q3 sales, fueled by a rebound in Chinese demand, sparking a sector-wide rally.

15 Oct 2025-12:30
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
Dakota Johnson dazzles in sheer lace gown at Kering Foundation Gala

Dakota Johnson turned heads at the Kering Foundation’s Caring for Women dinner in New York City on Thursday, stepping out in one of her boldest looks yet.

12 Sep 2025-09:10

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