Kering looks to double profits as it unveils ambitious turnaround plan to revive Gucci
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Source: CNBC
Published: 2026-04-16 18:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Business & Economy
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Snippet:
Kering said Thursday it aims to double profitability and revive its flagship brand Gucci as it announced its highly anticipated strategy to get the company back on track after a year-long luxury slump that hit it harder than its competitors.
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