Kering Sa Stock News

French luxury group Kering aims to double sales at its smaller but fast-growing fashion brand Yves Saint Laurent to 5 billion euros ($5.36 billion) in the medium term, it said in slides after the firs

Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight on its approach in China - a key growth driver for leading luxury houses that has been hit by

37% far from all-time highs, and with a DCF on its side, Kering seems to be traded at a reasonable price that justifies an initial buy. Kering has a significant competitive advantage because the luxur

Shares in French luxury-goods conglomerate Kering traded sharply lower on Friday despite a strong rise in headline revenue after sales at its main brand Gucci fell short of expectations amid Covid-19

French luxury goods group Kering agreed to pay almost 187 million euros ($207 million) to settle a dispute with Italian tax authorities centred on its fashion brand Bottega Veneta, three sources with

Gucci owner Kering is bolstering its high-end eyewear division with a deal to buy U.S.-based label Maui Jim, the French luxury group said Monday.

French luxury group Kering said on Monday its Kering Eyewear division had signed an agreement to acquire U.S. high-end sunglass maker Maui Jim, Inc. for an undisclosed amount.

By Mimosa Spencer PARIS (Reuters) - In a nod to the war in Ukraine, Stella McCartney closed her namesake label’s winter catwalk show to the music of John Lennon’s anti-war ballad "Give Peace a Chance". Models wound around glass-encased corridors atop the Pompidou Center, parading sleek, bohemian-flavored dresses with pockets and slit balloon sleeves while the rhythmic music played, with sweeping views of Paris as a backdrop. "I believe very firmly in peace and love and obviously to use John’s song, who was my dad’s best friend…it just shows for me, it’s a personal song that reflects the whole world''s thoughts, I hope, right now,” McCartney told reporters after the show, referring to her father, Paul McCartney. Some fashion designers have spoken publicly about their struggle to find the right tone for their shows and make the decision to carry on with Paris Fashion Week events while the world is focused on the Ukraine crisis. The French capital hosts the final stretch of industry shows that also took place in New York, London and Milan, and wraps up on March 8.

Designer labels exempt from EU sanctions but face disruption to shipments and business transactions Russia-Ukraine war: live updates Burberry has become the latest luxury brand to temporarily shut its stores in Russia following Moscow’s invasion of its neighbour Ukraine, after similar moves in recent days by Louis Vuitton, Hermès, Kering, Chanel and Prada. The British fashion brand has three stores in the country include one run by a franchisee and one in Moscow’s famous Red Square. It had already announced last week that it had halted deliveries to the outlets but confirmed this weekend that it was shutting them for the time being. Continue reading…

The companies join a growing list of retailers across the US and Europe who are ceasing business with Russia after the country''s invasion of Ukraine.

Luxury stocks are increasingly investing in the metaverse to bolster their digital presence in the rapidly evolving Web 3.0. These are the best luxury stocks to profit from the metaverse.

Kering said Wednesday it would make a "significant donation" to help Ukrainian people displaced by the Russian invasion.

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Kering Shares Rise as Gucci Gets Back On Track in 4Q Morningstar.com