Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
US inflation rose more than expected in January, shaking markets and pushing Fed rate cut expectations to December 2025. The ...
In a report released today, Adam Cochrane from Deutsche Bank maintained a Buy rating on Kering SA (0IIH – Research Report), with a price ...
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 ...
In a report released today, Nick Anderson CFA from Berenberg Bank maintained a Hold rating on Kering SA (0IIH – Research Report), with a price ...
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 ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following press conference.
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
European shares were largely unchanged on Tuesday after a record close in the previous session, with investors assessing the ...