Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter ...
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
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Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Barclays analyst Carole Madjo raised the firm’s price target on Kering (PPRUY) to EUR 195 from EUR 190 and keeps an Underweight rating on the ...
On Tuesday, Kering said its sales fell 12 per cent to €4.97 billion in the fourth quarter ending 31 December — slightly ...
Kering chairman and CEO François-Henri Pinault shared his strategy for 2025 at the group’s earnings meeting and following ...
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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