Kering Stock News

Kering - Press release - Arrangements GM September 9 2025 - EN

Valentino CEO Jacopo Venturini has stepped down from the Italian luxury house for personal reasons, Women's Wear Daily reported on Thursday, leaving the Mayhoola- and Kering-backed business searching for a new leader to reboot sales and profit.

If you've been following the luxury sector, you've probably seen your fair share of sobering news.

Employees at fashion house Gucci in Italy are threatening strike action, accusing the Kering-owned brand of denying them a welfare bonus, Italian trade unions said on Tuesday.

Kering continues to underperform, with six consecutive quarters of double-digit revenue declines and worsening operating margins across all major segments. Structural shifts in luxury, overexpansion, and the rise of new boutique brands challenge Kering's traditional desirability and growth prospects. Despite hiring a turnaround specialist CEO, there are no tangible signs of improvement, and val...

Gucci-owner Kering is in talks with a member of the Qatari royal family for the sale of a building in Milan's top shopping avenue, Italian daily Corriere della Sera reported on Saturday.

Kering will propose a 20 million euros ($22.89 million) signing-on bonus for its new CEO Luca de Meo, adding to an annual fixed income of 2.2 million euros and a variable income of up to 6.6 million euros depending on performance, the company said in regulatory filings.

Kering's Q2 results confirm ongoing crisis: group revenue fell 15% y/y, with Gucci sales plunging 25% and no signs of recovery. Weakness is now broad-based, as even previously resilient brands like YSL and Bottega Veneta are faltering, leaving no reliable growth driver. No creative reset for Gucci until 2026 means multiple quarters ahead with no product-led catalyst and potential continued eros...