S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said ...

The French carmaker turned to a company veteran as navigates a tough automotive market.

French auto giant Renault said Wednesday that Francois Provost, currently in charge of procurement, would take over as chief ...

French automaker Renault said Thursday that the tough retail and commercial van market in Europe had squeezed profits ...

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

Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its ...

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to ...

Kering, owner of brands such as Gucci and Yves Saint Laurent, reported a sales slump amid a global downturn in demand for high-end goods. The French luxury group said Tuesday it booked revenue of ...

Renault has confirmed the appointment of François Provost as its new CEO, following the departure of Luca de Meo. Car Dealer ...

Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.

Gucci presented its spring 2024 collection in June 2024.

Renault shares crashed as much as 17% after the French automaker cut its guidance for the year. Late Tuesday, the company lowered its operating margin guidance for 2025 from at least 7% to 6.5%.