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Today: April 16, 2026
Today: April 16, 2026

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Gucci-owner’s new strategy looks half dressed

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)

Gucci-owner’s new strategy looks half dressed
Business|Economy|Entertainment|Fashion and Beauty|World

Gucci can no longer treat China like a 'trash bin', Kering CEO says

Kering's biggest brand Gucci must rebuild its position in China after years of complacency when it treated the market as a place for easy growth

Gucci can no longer treat China like a 'trash bin', Kering CEO says
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Gucci-owner Kering aims to launch luxury Google glasses next year, CEO says

Kering aims to launch smart glasses under the Gucci brand in partnership with Google next year, CEO Luca de Meo told Reuters, becoming

Gucci-owner Kering aims to launch luxury Google glasses next year, CEO says
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Kering CEO pledges to double profit margins and revive Gucci brand​

Kering CEO Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci

Kering CEO pledges to double profit margins and revive Gucci brand​
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Kering shares slide after Gucci sales disappoint

Kering shares plunged as much as 10% on Wednesday after first-quarter sales at its Italian flagship brand Gucci dropped more than expected, underlining the challenges

Kering shares slide after Gucci sales disappoint
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After tackling Kering's debt problems, de Meo faces the Gucci challenge

Seven months into the job, Luca de Meo has bought himself time as CEO of Gucci owner Kering. This week he has to prove he knows how to use it.

After tackling Kering's debt problems, de Meo faces the Gucci challenge
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Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo 

Kering's return to growth will require reducing its reliance on struggling flagship Gucci, further scaling back its store network and chasing more synergies, Chief

Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo