$28.13
-1.35 (-4.58%)
At Close: Jun 03, 2026
Major luxury brands deliver warnings tied to high-end spending
06:30pm, Wednesday, 25'th Oct 2023
CNBC's Robert Frank reports on spending pull backs from the luxury consumer and what it could be signaling for the economy at large.
Luxury brands see impacts of global slowdown
12:16pm, Wednesday, 25'th Oct 2023
CNBC's Robert Frank reports on the future of the luxury consumer.
Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue
04:56pm, Tuesday, 24'th Oct 2023
Luxury group Kering reported a 9% decline in revenue on a comparable basis in the third quarter, attributing the drop to macroeconomic conditions and its own changes in distribution.
Kering's Creative Directors Are Now All White Men—Sparking Criticism From Some Industry Insiders
12:42pm, Wednesday, 04'th Oct 2023
As Sarah Burton Leaves Alexander McQueen, so does any diversity among the heads of Kering's many fashion houses.
Kering: Encouraging Changes
04:55am, Friday, 29'th Sep 2023
Kering acquired a 30% stake in Valentino and the high-end French fragrance label Creed. De Sarno's first Milanese show was mixed, but we believe that "Gucci is here to Stay." The company delivered sol
Kering: Finally, A Compelling Investment Opportunity (Rating Upgrade)
12:13am, Friday, 29'th Sep 2023
Kering's first half results show slow top-line growth and several organizational changes, but also reinforced M&A. The debut of Gucci's new creative director was a promising success, enhancing the bra
Luxury erase year=to-date gains: LVMH, Kering, Richemont
01:33pm, Tuesday, 26'th Sep 2023
Luxury retail stocks, such as brands LVMH (MC.PA), Kering (KER.PA), and Richemont (CFR.SW), have fallen off tremendously, reversing their year-to-date profit gains. Morgan Stanley analysts have decrea
Kering: New Management Team Focus On Gucci Growth Is Encouraging
02:52am, Tuesday, 05'th Sep 2023
Kering's management shakeup and focus on accelerating Gucci's growth is a promising sign for the company's future. The introduction of new creative designer Sabato De Sarno and planned brand initiativ
AEO vs. PPRUY: Which Stock Should Value Investors Buy Now?
01:19pm, Friday, 18'th Aug 2023
Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either American Eagle Outfitters (AEO) or Kering SA (PPRUY). But which of these two stocks offers value inv
5 Lesser Known Parent Companies Of Big Luxury Brands
08:15am, Sunday, 13'th Aug 2023
Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about
Coach Owner's Takeover Of Michael Kors And Versace Won't Create Another LVMH Or Kering
07:08am, Thursday, 10'th Aug 2023
The theory is that more brands makes a company more efficient, powerful and profitable. But it doesn't always work out that way and history offers some cautionary tales.
Gucci-Owner Kering Buys Stake in Valentino
02:18pm, Thursday, 27'th Jul 2023
The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed.
China demand to dominate LVMH, Moncler and Kering's first half
07:54am, Monday, 24'th Jul 2023
Luxury giants LVMH, Moncler and Kering will be posting first-half results this week, with outlook and performance in China as the key theme according to Deutsche Bank. Analysts at the British arm of t
Gucci CEO to step down as parent company chases the global luxury boom
10:08am, Wednesday, 19'th Jul 2023
The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury goods.
Salma Hayek's husband and Kering CEO François-Henri Pinault in talks for multibillion-dollar CAA purchase
08:15am, Sunday, 16'th Jul 2023
Salma Hayek's husband François-Henri Pinault is reportedly in talks to buy CAA in a deal that would value the Hollywood mega agency at over $7 billion.
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