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By Mariana Allende - Thu, 10/23/2025 - 11:48
Kering trims its portfolio, Coca-Cola reformulates drinks, while Liverpool and Mercado Libre face weak sales and rising taxes.
https://mexicobusiness.news/tag/gucci
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By MBN Staff - Tue, 10/21/2025 - 08:11
Kering to sell Gucci’s beauty division to L’Oreal for US$4.6 billion, reducing debt and refocusing on core fashion under CEO Luca de Meo.
By Mariana Allende - Thu, 08/14/2025 - 11:14
Mexico limits footwear imports; Adidas faces cultural backlash; Kering downgraded amid shifting retail and fintech trends.
By MBN Staff - Wed, 08/13/2025 - 14:48
S&P downgraded Kering’s outlook to negative, citing weak Gucci sales and a 22% revenue drop in Asia-Pacific in 1H25.
By Óscar Goytia - Mon, 06/16/2025 - 12:05
Renault CEO Luca de Meo will resign on July 15, 2025, and is expected to lead luxury giant Kering, succeeding François-Henri Pinault
By Mariana Allende - Thu, 05/29/2025 - 09:49
Adidas and Puma plan price hikes due to US tariffs; Mercado Libre CEO Marcos Galperin will step down by year-end.
By MBN Staff - Tue, 05/27/2025 - 07:48
Kering faces investor pressure as Gucci sales drop, leading to lowered forecasts and a sell-off of Kering shares.
By Mariana Allende - Thu, 06/20/2024 - 12:12
China's wealthiest individuals are opting for more understated fashion choices, triggering a decline in the global luxury market.
By MBN Staff - Thu, 05/02/2024 - 16:00
Luxury brand Saint Laurent has opened its largest store in Guadalajara, deviating from its typical focus on Mexico City.
By Mariana Allende - Tue, 02/27/2024 - 12:53
Quiet and loud luxury brands reported their 2023 revenue with quiet brand groups coming on top.
