Kering just announced its 1Q24 revenues would decline 10%, with Gucci off 20%. But LVMH is entering 2024 with a positive outlook. It s a study in contrasts in luxury.
Kering, the parent company of luxury label Gucci, is gearing up to breathe new life into its star brand this year, with the upcoming debut of designs by new creative director Sabato de Sarno. Read more about Kering's strategy and the challenges faced by Gucci.