Kering looks to double profits as it unveils ambitious turnaround plan to revive Gucci
CNBC
—
The "ReconKering" strategy announced Thursday includes more than doubling its 2025 recurring operating margin of 11.1%.
- Kering CEO pledges to double profit margins and boost Gucci Reuters —
- Gucci Owner Kering Plans to Complete Structural Reset This Year in Bid to Revive Fortunes Wall Street Journal —
- Kering aims to double margins in turnaround push Financial Times —
- Hermès and Gucci shares tank in ‘dismal’ week for luxury brands City AM —