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Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group. Renault shares, however, fell following its announcement Sunday that Luca de Meo, 58, would step down on July 15 “to take on new challenges outside the automobile … Read more
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Getting dressed for a big event is a lot less stressful when you have that one dress that brings in compliments like clockwork. For decades, the little black dress has been that wardrobe staple, and … Read more
A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty Images French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The high-end fashion group, whose brands … Read more
Axelle/Bauer-Griffin/FilmMagic Taylor Swift made the whole place shimmer, as the lyrics go, when partying after the 2025 Grammy Awards, held Sunday, February 2, in a second, similarly spangly dress by Gucci. Indeed, the “Bejeweled” singer demonstrated her mastery of sartorial transformation when she seamlessly transitioned between two equally dazzling sequin looks without missing a beat. … Read more
Revenues at Gucci, Kering’s biggest money-maker, plunged 26% in the third quarter as a prolonged sales slump continues. Read More
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