Kering's CEO says Gucci and other brands will absolutely not shift production to the US to counter Trump's tariffs
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
China’s wealthy shoppers have a new mentality—and it’s terrible news for luxury brands like LVMH and Kering who bet billions on their loyalty
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
3 Reasons Why Kering Can Outperform Following 2024 Collapse
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
Gucci Owner Kering Posts Revenue Slump Amid Brand Revamp Efforts
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Kering: Annual Report Fuels Optimism
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
Kering’s Q4 Earnings Drop 12% as the Luxe Conglomerate Takes in $4.5 Billion
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Kering price target raised to EUR 280 from EUR 250 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Kering (PPRUY) to EUR 280 from EUR 250 and keeps an Equal Weight rating on the shares.Maximize ...
Kering price target raised to EUR 340 from EUR 320 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Kering (PPRUY) to EUR 340 from EUR 320 and keeps a Buy rating on the shares.Maximize Your ...
Gucci Sales Slump Continues as Kering Seeks New Designer
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Gucci owner Kering's annual profit plunges
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...
Kering's Gucci Performance In Focus -- Earnings Preview
NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...