Cloud Group News: Announce The Company'S 2024 Annual Financial Report

In February and November, according to the news of Kaiyun Group, the revenue of Kaiyun Group in 2024 was 17.2 billion euros, a decrease of 12% according to the report and comparable standards. In the fourth quarter of 2024, revenue will decline by 12% on a reported and comparable basis. The sales volume of the direct retail network decreased by 13% on a comparable basis. The trend in all regions except Japan has improved month on month. On a comparable basis, wholesale and other income declined by 10% in general, while House's wholesale income declined by 25%.

As a global luxury goods group, Kaiyun Group manages the development of a series of well-known fashion, leather goods and jewelry brands: Gucci、Saint Laurent、Bottega Veneta、Balenciaga、Alexander McQueen、Brioni、Boucheron、Pomellato、DoDo、Qeelin And Ginori 1735, as well as Kering Eyewear and Kering Beaut é. By taking creativity as the core of its strategy, Kaiyun Group enables its brands to set new boundaries in terms of creative expression, while creating tomorrow's luxury goods in a sustainable and responsible way. We embody these beliefs in our logo: "Give imagination". In 2024, Kaiyun Group will have 47000 employees and revenue of 17.2 billion euros.