After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.

Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...

Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.

Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...

He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...

Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...

DZ Bank analyst Aristotelis Moutopoulos downgraded Kering (PPRUY) to Sell from Hold with a EUR 238 price target Maximize Your Portfolio with ...

Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...

The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.

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 ...