Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
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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 ...
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
The brand, which accounted for 63 percent of Kering’s operating profit in 2024, is poised for an extended period of turmoil ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
On Tuesday, Kering said its sales fell 12 per cent to €4.97 billion in the fourth quarter ending 31 December — slightly ...
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 ...
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
Kering's stock is on one of its worst runs since 1994. The cost of living crisis is the main headwind facing the company, which should be cyclical. The company's booming business in Japan ...
In a report released today, Carole Madjo from Barclays maintained a Sell rating on Kering SA (0IIH – Research Report), with a price target of ...
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