Kepler Cheuvreux analyst Charles-Louis Scotti upgraded Kering (PPRUY) to Buy from Hold with a price target of EUR 350, up from EUR 250. The ...
Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...
Francois-Henri Pinault, Kering SA’s chief executive officer, said he doesn’t expect an improvement in Chinese demand this year, dimming hopes for a rebound at Gucci, the company’s biggest brand.
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook. Click for my PPRUF earnings update.
French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The luxury fashion ...
STORY: Gucci-owner Kering wasn't in fashion with buyers during the fourth quarter.The French luxury group reported a 12% drop in sales from a year earlier Tuesday (Feb 11), dragged down by its ...
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
While Kering had better-than-expected sales to end 2024, it still doesn’t spell out good news for the luxury conglomerate. As for the Italian maison, it didn’t finish the year off strong ...
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround.
Natural landscapes and enjoying the outdoors are the focus of Maui Jim’s new global advertising campaign, Color You Can Feel ...