Kering
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Jun- 2025 -17 JuneLuxury Goods
Kering appoints Luca de Meo as CEO
Luca de Meo has been appointed chief executive of Kering and is expected to take office on 15 September, pending…
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Apr- 2025 -25 AprilNews-In-Brief
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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25 AprilLuxury Goods
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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Feb- 2025 -12 FebruaryNews-In-Brief
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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12 FebruaryClothing & Shoes
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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Dec- 2024 -13 DecemberAnalysis
How China and ‘memory makers’ are shaping luxury retail trends
The global luxury retail market is at a turning point, navigating economic shifts, evolving consumer preferences, and new growth opportunities.…
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Oct- 2024 -18 OctoberAnalysis
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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9 OctoberNews-In-Brief
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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9 OctoberLuxury Goods
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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Sep- 2024 -5 September
Today’s news in brief-5/9/24
Asos has sold a majority stake in Topshop and Topman to Heartland, a move valued at £135m. Heartland, owned by…
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