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.
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
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.
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.
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 ...
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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Gucci Parent Kering Posts Revenue Slump
The fall comes at a time when some peers have signaled a potential rebound in demand for luxury goods.