
Kering’s FY25 revenue fell to €14.7 billion (~$17.493 billion), with operating income and margins declining amid weaker luxury demand and tighter distribution.
Gucci remained under pressure, while Yves Saint Laurent stayed resilient and Bottega Veneta posted growth.
Other Houses faced restructuring losses.
Kering targets a return to growth and margin improvement in 2026.Kering’s FY25 revenue fell to €14.7 billion (~$17.493 billion), with operating income and margins declining amid weaker luxury demand and tighter distribution.
Gucci remained under pressure, while Yves Saint Laurent stayed resilient and Bottega Veneta posted growth.
Other Houses faced restructuring losses.
Kering targets a return to growth and margin improvement in 2026.


