Kering’s revenue dropped 4% in the last quarter of 2023 and closed 2023 with a 2% decrease on yearly basis (19.6 billion euro). Yet, the result weren’t worse than the forecasts. Everything revolves around Gucci. François-Henri Pinault, CEO of Kering, stated that the objective is to “revitalize” the admiral brand, even at the cost of…
Gucci hasn’t recovered and Kering closes 2023 with revenue down 2%
