Kering is in talks to sell its beauty business to L’Oréal in a deal that values the unit at roughly $4 billion, according to ...

The three luxury brands have been fined a total of 157 million euros after cooperating with the competition watchdog.

Kering owned Gucci was fined 119.7 million euros, Chloé 19.7 million euros and Loewe 18 million euros, highlighting growing ...

The European Commission has fined Gucci, Chloé, and Loewe over 157 million euros for anti-competitive pricing practices ...

Kering, owner of luxury brands like Gucci, is struggling to keep up with the industry and is underperforming its competitors. The company's valuation is severely discounted compared to its sector, ...

The European Commission has imposed fines worth a total of €157 million ($181. 4 million) on luxury fashion companies Gucci, ...