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Kering Unveils Plan to Revive Gucci, Double Profit Margins
Luxury group Kering announced an ambitious turnaround plan aimed at reviving its struggling Gucci brand and doubling its operating profit margins in the medium term.
16 Apr, 07:12 — 16 Apr, 10:48
The Story
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Excellent (76/100)6 sources33/33
Spectrum spread— 3/5 buckets covered17/33
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FT
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Geographic diversity— 6 regions26/34
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Sources
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FTVery High8h ago
Kering aims to double margins in turnaround push
Sales at luxury group’s biggest brand Gucci have fallen sharply in an industry-wide downturn
Read full article →cnbcMostly Factual7h ago
Kering looks to double profits as it unveils ambitious turnaround plan to revive Gucci
The "ReconKering" strategy announced Thursday includes more than doubling its 2025 recurring operating margin of 11.1%.
Read full article →channel-news-asiaMostly Factual5h ago
Kering CEO pledges to double profit margins and revive Gucci brand
Read full article →Coverage Timeline
First report: le-figaro · 16 Apr, 06:21|Full coverage: 6 · 6h|Window: 6h
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