Tag
Gucci
2 articles
Kering Aims to Double Margin by 2028
Kering CEO Luca de Meo announced plan to more than double operating profit margin from 11% to around 22% by end-2028.
Gucci Q1 sales fell 8% and Middle East retail revenues dropped 11% due to Iran war
Kering Targets Double Operating Margin by 2028
Kering CEO Luca de Meo announced plan to more than double recurring operating margin from 11% to ~22% by end‑2028.
Gucci sales fell 8% in Q1, with Middle East retail revenues down 11% after Iran war b