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In 2023, Kering's annual results declined to 19.6 billion (-4%), mainly caused by the deceleration of Gucci's streak, a transition phase according to the group's executives. [39] That same year, Kering acquired the fragrance company Creed , [ 40 ] 30% of the fashion house Valentino , [ 41 ] and Kering Beauté was launched to manage in-house the ...
Burberry Group plc is a British luxury fashion house established in 1856 by Thomas Burberry and headquartered in London, England. [4] It designs and distributes ready to wear , including trench coats , leather accessories, and footwear.
Burberry's 'Britishness' The brand's iconic "Burberry Check"—which it has used to design bags, coats and more—has been its signature print from the 1960s onwards .
A "handbag" is a larger accessory that holds objects beyond currency, such as personal items. American English typically uses the terms purse and handbag interchangeably. The term handbag began appearing in the early 1900s. Initially, it was most often used to refer to men's hand-luggage.
Annual revenues rose almost 15% to 15.2 billion euros for the maker of Birkin bags, ... Gucci owner Kering reported a 12% decline in sales, and British luxury house Burberry announced a turnaround ...
Revenue for Gucci, which accounts for half of Kering's annual sales, could drop 20% year-over-year in the first quarter, Kering warned. ... Gucci and Saint Laurent owner Kering follows Burberry in ...
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