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Gucci’s parent company, the French luxury company Kering, has experienced tumult in the last few years due to a pullback in spending. The company has issued multiple profit warnings as profits ...
In six months to the end of September, Burberry clocked in a sales growth of 4% to £1.4 billion (about $1.7 billion). However, the coat-maker’s operating profit plunged 15% for the same period.
However, from 2015 to 2022, the group's revenue was essentially driven by Gucci's year-on-year high performance, hitting the 10-billion dollars sales mark in 2022. [34] The group divested its interests in Stella McCartney in 2018, [35] Christopher Kane in 2019, [36] and its entire watch division (Girard-Perregaux and Ulysse Nardin) in 2022. [37]
In 2014, Polen Capital explored the idea of making a global version of its US-focused flagship fund and in 2015, launched the Global Growth Strategy fund. [ 2 ] [ 5 ] [ 6 ] In 2016, London-based investment company, iM Square (now iM Global Partner), acquired a 20% stake of Polen Capital.
Bernard Jean Étienne Arnault (French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French businessman, investor and art collector. [2] [3] He is the founder, chairman and CEO of LVMH, the world's largest luxury goods company.
MILAN — Gucci is championing regenerative agriculture, tackling climate change and going beyond its commitment to total carbon neutrality. During the virtual World Economic Forum in Davos, Marco ...
Marco Bizzarri (born 19 August 1962) is an Italian business executive, president and CEO of Gucci since January 2015 till December 2023. [1] He previously was president and CEO of Stella McCartney (2005–2009) and Bottega Veneta (2009–2014), and joined Kering's executive committee in 2012.
President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working ...