Kering, owner of luxury brands such as Gucci and Yves Saint Laurent, has reported third-quarter (Q3) 2025 revenue of €3.4bn ($3.94bn), a 10% decline on a reported basis and a 5% decrease on a comparable basis. For the first nine months of 2025, Kering reported total revenue of €11bn, down 14% as reported and 12% on a comparable basis. Sales from the group’s directly operated retail network fell 6% on a comparable basis, while wholesale and other revenue dipped 2%. Gucci recorded revenue of €1.3bn in the ...