After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
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 ...
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 ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...