Luxury conglomerate Kering reported a challenging first half of 2024, with group revenue declining by 11% to €9.01 billion. The company attributed the downturn to a difficult market environment that impacted both top-line growth and profitability. While Kering’s jewellery houses, Boucheron and Pomellato, demonstrated double-digit growth, the overall performance of the jewellery sector was overshadowed […]

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Kering, the French luxury group, reported an 11 per cent drop in revenue to $4.8bn during Q1, but reported double-digit growth at Boucheron and “outstanding performances” at its other high jewelry maisons. It said market conditions generally had been tough, with an adverse macro-economic backdrop, and in Asia-Pacific in particular they were “volatile and challenging”. […]

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Kering, the French luxury group that owns Boucheron and other high jewelry maisons, reported a 4 per cent drop in revenue during 2023 to $21.1bn. Revenue during the final quarter fell by 6 per cent. The company did not provide a revenue breakdown for its jewelry and watch brands – including Pomellato, DoDo, and Qeelin. […]

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Kering, the French luxury group that owns Boucheron and other high jewelry maisons, suffered a a 13 per cent decline in Q3 sales. Group revenue was down to to €4.46bn ($4.72bn) in the face of what it called “challenging macroeconomic conditions and softening demand across the luxury industry”. Revenue from its fashion brands – Gucci, […]

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