
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.
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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 →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%.
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