In trying to reduce Kering's over-reliance on struggling flagship label Gucci, French billionaire Francois-Henri Pinault has created another problem, as a string of acquisitions piled up debts just as
Press release - Bond issue - May 2025
Kering said it appointed Pierpaolo Piccioli as the new creative director of Balenciaga as the French luxury group faces a slowdown in demand for high-end goods, coupled with its own turnaround challen
Gucci-owner Kering has seen a stark decline of demand for its luxury and fashion goods in the United States, its Chief Executive Francois-Henri Pinault told French senators at a parliamentary hearing
Oliver Chen, TD Cowen senior equity research analyst, joins 'The Exchange' to discuss what Kering's earnings are saying about the broader luxury retail space.
I downgrade Kering to a sell rating due to poor performance, particularly in China and Gucci, with no signs of near-term recovery. Kering's 1Q25 revenue fell 14% y/y, with declines across all major re
Kering - Press release - Description of the Share Buyback Program - April 24 2025     PRESS RELEASE   April 24, 2025   DESCRIPTION OF THE SHARE BUYBACK PROGRAM AUTHORIZED BY THE COMBINED GENERAL S
2025 Annual General Meeting Approval of all resolutions
Gucci sales fell 25% in the first quarter to 1.6 billion euros. The decline contributed to a 14% decrease in owner Kering's revenues for the first three months.
Burberry Group PLC (LSE:BRBY) shares fell 3.4% after Paris-listed rival Kering, owner of the Gucci label, reported a larger fall in first-quarter sales than analysts had forecast. Posting results o
Gucci, Kering SA's biggest brand, saw sales tumble in the first quarter. Sales dropped 25% on a comparable basis, a slightly bigger fall than analysts were expecting.
The stock fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts' expectations, unnerving investors as the group navigates a slowdown in luxury-goods spending.
Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead. Revenues at the fashion gia
Shares of Kering traded down 5% in European morning trade on Thursday, after the group reported a first-quarter sales drop that was worse than analysts' expectations.
Kering SA (OTCPK:PPRUF) Q1 2025 Sales/ Trading Statement Call April 23, 2025 12:00 PM ET Company Participants Armelle Poulou - Group Chief Financial Officer Francesca Bellettini - Deputy Chief Executi
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