The company has outperformed rivals because it caters to the wealthiest clients, whose spending tends to be more reliable ...

Signs of recovery in China’s luxury market are becoming increasingly clear as fashion brands report encouraging results for ...

The pan-European STOXX 600 index was down 0.1%, as of 0811 GMT. The index has closed at a record high for the past four ...

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 ...

Morgan Stanley raised the firm’s price target on Kering (PPRUY) to EUR 280 from EUR 250 and keeps an Equal Weight rating on the shares.Maximize ...

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.

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 ...