FRANCOIS-HENRI PINAULT

Kering CEO Francois-Henri Pinault told CNBC he's confident Gucci will continue to deliver growth for the company this year, following record revenues in 2021.

The Gucci family is not pleased with the depiction of their relatives in the new film “House of Gucci,” starring Adam Driver and Lady Gaga.

The great-grandchildren of the founder of the luxury fashion house Gucci are appealing to filmmaker Ridley Scott to respect their family’s legacy in a new film that focuses on a sensational murder.

Gucci owner Kering SA has closed half of its stores in mainland China and the locations that are still open are operating on reduced hours, CEO Francois-Henri Pinault as the company warned investors of a drop in sales. "We have a strong drop in traffic and in sales over the last 10 days," CEO Francois-Henri Pinault told analysts on a conference call Wednesday discussing its fourth-quarter earnings. Sales for the fourth quarter increased 11% to 4.36 billion euros ($4.77 billion). "In the past few weeks, as the very positive start of the year, our environment has changed significantly with the coronavirus outbreak," Deputy CEO Jean-Francois Palus said. The company did not give a specific estimate of the sales hit caused by the virus.