Kering Suffers Steep Losses Amid Leadership and Creative Changes

Gucci owner Kering reports 46% drop in first-half net profit

PARIS, France — French luxury group Kering reported Tuesday that its net profit plunged 46 percent during the first half, with sales falling again at its flagship Gucci brand, as the group awaits a new CEO to try to regain its footing. Group net profit fell to 474 million euros ($547 million) in the first

Kering suffers steep losses amid leadership and creative changes

The Gucci parent company posted a 46% net income decline for the first half of fiscal 2025, while Q2 revenue sank 18%.

Gucci Sales Tumble as Kering Label Faces Another Design Shake-Up

Gucci sales plunged as shoppers turned away from Kering SA’s largest brand that’s undergoing a second design revamp in three years.

Gucci owner Kering’s Q2 2025 revenue plummets 18%

Kering, owner of Gucci and Yves Saint Laurent, has reported a 18% downturn in its revenue for the second quarter of 2025 to €3.7bn ($4.27bn).The post Gucci owner Kering’s Q2 2025 revenue plummets 18% appeared first on Retail Insight Network.

Kering revenue drops 16% amid creative overhaul

Drapers Kering revenue drops 16% amid creative overhaul Gucci owner Kering on Tuesday (29 July) reported a 16% drop in group revenue to €7.6bn (£6.5bn) for the first half of 2025, as the luxury group grappled with weak demand, reduced tourism and creative leadership transitions.The post Kering revenue drops 16% amid creative overhaul appeared first on Drapers.