Gucci sales hit €1.41bn (£1.20bn) in the second quarter, a 3% decline as reported and a 2% decline on a comparable basis. The jewellery arm at Kering “delivered an outstanding performance”, hitting €252m (£215m) revenue, an 18% rise on a comparable basis during the second quarter. Kering also reported performance for the first half of 2026, revealing revenues reached €7.22bn (£6.18bn), up 1% on a comparable basis. Luca de Meo, CEO of Kering, said: “Kering delivered improved performance in the second quarter, with revenue returning to growth. It added that as Kering advances through 2026, “its objective remains to return to growth and improve margins”.