Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Francois-Henri Pinault, Kering SA’s chief executive officer, said he doesn’t expect an improvement in Chinese demand this ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround.
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
Kering SA (PPRUF) reports a challenging year with a 12% revenue decline, while emphasizing long-term brand health and ...
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...
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Signs of Stabilization at Gucci Boost KeringRevenue at Gucci, Kering SA's biggest label, fell 24% on a comparable basis in the final quarter of last year, but ...
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
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