Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it ...

Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...

With Gucci revenues in free fall, creative director Sabato De Sarno exits the brand as company leaders assert control to ...

NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...

Sabato De Sarno’s departure adds to the industry turmoil.

In difficult times, fashion is always outrageous,” the eccentric Italian designer Elsa Schiaparelli once said. So it is ...

French luxury group Kering has parted ways with the designer of its biggest brand Gucci, just two years after he was hired to lead a turnaround at the struggling Italian fashion house.

The future of the brand is in question following the designer's exit from Gucci, where he changed the image and failed to ...

Gucci has announced that its creative director of under two years, Sabato De Sarno, has left the position just two and a half ...

De Sarno’s appointment was “a key ingredient in management’s strategy to push Gucci towards a more mainstream position. His ...

Gucci’s abrupt announcement on Thursday that Sabato De Sarno will depart as creative director was a stark and understated conclusion to his short tenure.

expressed gratitude for De Sarno’s focus on “Gucci’s craftsmanship and heritage,” while Kering deputy CEO Francesca Bellettini said he had “further strengthened Gucci’s fundamentals.” ...