Kering Press Release – Annual Results 2024 – 110225
A Year of Growth and Innovation
Today, Kering announced its annual results for the year 2024, showcasing another year of strong performance and innovation across its luxury brands. The company reported a significant increase in revenue, driven by strong sales in key markets and a continued focus on sustainability and innovation.
Key Highlights of the Year
One of the key highlights of the year was the continued success of Kering’s luxury brands, including Gucci, Saint Laurent, Bottega Veneta, and Balenciaga. These brands saw strong sales growth in both established and emerging markets, fueled by innovative marketing campaigns and new product launches.
Another highlight of the year was Kering’s continued commitment to sustainability. The company announced new initiatives to reduce its carbon footprint and promote ethical manufacturing practices across its supply chain. These efforts have been well-received by consumers and investors alike, further solidifying Kering’s position as a leader in sustainable luxury.
Effect on Me
As a consumer, the strong performance of Kering’s luxury brands means that I can continue to enjoy high-quality, sustainable products that reflect the company’s commitment to innovation and ethical practices. I can feel confident in my purchases knowing that Kering is taking steps to minimize its impact on the environment and support the well-being of its workers.
Effect on the World
The success of Kering and its focus on sustainability has a broader impact on the world. By leading the way in ethical fashion practices, Kering is setting a positive example for other companies in the industry to follow. This can help drive change on a larger scale, leading to a more sustainable and responsible fashion industry overall.
Conclusion
In conclusion, Kering’s annual results for 2024 showcase a year of growth, innovation, and commitment to sustainability. As a consumer, I am excited to see the company’s continued success and look forward to supporting its luxury brands in the future. On a global scale, Kering’s leadership in sustainable fashion practices has the potential to drive positive change across the industry, making the world a better place for generations to come.
