Kering has seen sales at Gucci slow down after the departure of star creative director Alessandro Michele. Seen: Gucci fashion jewelry campaign. Image: Gucci
Revenue at Gucci owner Kering totaled $21.1 billion (€19.6 billion) in 2023, a decrease of 4 percent as reported, including significant impacts from changes in exchange rates and the scope of consolidation (-4 percent and +2 percent, respectively) and down 2 percent on a comparable basis.