The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the ...
Hermès sales surged as wealthy shoppers snapped up its pricey handbags over the holiday season, underlining the brand’s ...
The benchmark was on track for its eighth straight weekly gain, its longest winning streak since March 2024. Hermes rose 4.2% ...
Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
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 ...
Kering SA (OTCMKTS:PPRUY – Get Free Report) has received a consensus recommendation of “Reduce” from the seven brokerages that are currently covering the company, Ratings reports. Three research ...
Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Coca-Cola shares rose after the beverage maker reported fourth-quarter earnings and revenue that surpassed Wall Street expectations. WK Kellogg shares rallied after the cereal maker's earnings topped ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...