Published 6 days ago • loading... • Updated 5 days ago

Kering CEO flags 'fragile' recovery as Gucci owner's sales decline less than feared

On February 10, 2026, Kering, French luxury group, reported net profit plunged 93.6% in 2025 and said sales dropped 13%, hurt by Gucci, Kering's flagship brand.
Behind the collapse, Kering's brand mix and margins shifted as Gucci, Kering's flagship, generated €6 billion in sales while recurring operating income dropped 33% to €1.63 billion and full‑year revenues fell 10% to €14.7 billion in 2025.
Q4 figures show mixed regional patterns, with Asia‑Pacific down 6%, Japan down 7%, Western Europe down 7%, North America up 2%, and rest of world up 3%.
Kering said it is preparing a restructuring plan and de Meo pledged a roadmap to be presented at the April 16, 2026, Capital Markets Day, aiming to revive growth.
Kering projects a rebound in 2026, forecasting €6 billion group sales up 5%, with Demna's Gucci debut on February 27 fueling cautious optimism.

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45 Articles

il Giornale

Lean Right

Kering Accelerates on the Stock Exchange but Gucci Remains Ballast

the group closes the year with revenues in decrease of 13%

5 days ago·Italy

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PerthNow

Center

Struggling Gucci causes concern for parent firm Kering

A decline in revenue for luxury goods company Kering has been blamed on lower sales of Gucci products.

6 days ago·City of Perth, Australia

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Reuters

Center

Kering CEO flags 'fragile' recovery as Gucci owner's sales decline less than feared

Kering reported a slightly smaller-than-expected drop in fourth-quarter sales on Tuesday as new CEO Luca de Meo battles to stabilise the Gucci owner, putting its shares on track for their biggest one-day jump in around 17 years.

6 days ago·United Kingdom

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Daily Journal

+17 Reposted by 17 other sources

Center

Gucci owner Kering sees profit plunge but sales stabilise

French luxury group Kering reported Tuesday a steep fall in net profit but forecast a return to growth as sales declines were stanched at Gucci and other key brands.

6 days ago·Cherokee County, United States

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Le Monde

+4 Reposted by 4 other sources

Lean Left

Gucci owner Kering sees net profit plunge, sales drop

The French luxury group reported Tuesday that its net profit sank in 2025, weighed down by its flagship brand Gucci. Sales dropped by 13% while net profit plunged by 93.6%, it said.

6 days ago·Paris, France

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Vogue

Left

Kering Sales Down 3% in Q4

Sales at Kering’s largest brand Gucci were down 10% in the fourth quarter, beating estimates of an 11.5% fall and sending group share up double digits.

6 days ago

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