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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 ...
MILAN — Gucci continues to support sustainable initiatives. The Italian fashion group has inked an agreement with Italy’s Intesa Sanpaolo that will allow small and medium-sized companies in ...
[10] [11] In 1988, Maurizio Gucci sold almost 47.8% of Gucci to Investcorp, [12] and withheld the other 50% until 1993. [13] The company diversified in 1997 into hedge funds. [14] Kirdar stepped down as CEO and executive chairman in 2015. [15] [9] With Kirdar resigning, Mohammad Alardhi became the Executive Chairman of the company. [7]
Polet spent most of his career at Unilever as the president of the ice cream and frozen foods division of the company prior to accepting the CEO position at Gucci.Due to the stark differences between the industries, when Polet took the reins of Gucci in July 2004, he was received with much skepticism and doubt in the fashion industry and was the target of several jokes in the media.
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Sankey Diagram - Income Statement (by Adrián Chiogna) An income statement or profit and loss account [1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [2] is one of the financial statements of a company and ...
FILE - Sabato De Sarno, creative director of Gucci, accepts applause after the Gucci Spring Summer 2025 collection, that was presented in Milan, Italy, Sept. 20, 2024.
Statement of Directors' responsibilities for the shareholders' financial statements The Directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable Law of the Republic of Ireland, including the accounting standards issued by the Accounting Standards Board and published by The Institute of Chartered Accountants.