Gucci

Frasers Group eyes Matches relaunch as exclusive members’ club

Frasers Group is reportedly looking to relaunch Matches Fashion as an exclusive members’ club, according to The Times.  Having brought…

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Today’s news in brief-25/4/25

The John Lewis Partnership has appointed Andy Mounsey as its new chief financial officer, effective immediately. Mounsey, who had been…

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Kering revenues plummet to €3.9bn amid Gucci sales decline

Luxury retail group Kering has reported a 14% drop in revenues to €3.9bn (£3.31bn) in Q1 2025 as its flagship…

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Today’s news in brief-12/2/25

Kering, the luxury conglomerate behind Gucci, Yves Saint Laurent, and Bottega Veneta, reported a challenging fiscal 2024, with revenue falling…

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Gucci sales slump drags down Kering FY performance

Kering, which owns brands such Gucci, Yves Saint Laurent and Bottega Veneta, has reported a 29% drop in EBITDA to…

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Today’s news in brief-20/11/24

Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year.…

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Mytheresa Q1 losses rise 122% to £25m despite improved sales

Mytheresa’s operating loss increased by 122% to €30m (£25m) despite an increase in sales during the first quarter of FY25.…

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A look at Mulberry’s financial struggles and future prospects

Once a darling of the British fashion scene in the 2000s, Mulberry was a go-to accessory for trendsetters like Alexa…

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Today’s news in brief-9/10/24

Shein’s UK arm reported robust financial results for 2023, with revenues climbing 38% to £1.55bn and pre-tax profits doubling to…

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Gucci appoints new CEO

Kering has announced that Stefano Cantino has been appointed as the new CEO of Gucci, replacing Jean-François Palus, from 1…

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