Kering's CEO says Gucci and other brands will absolutely not shift production to the US to counter Trump's tariffs
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 CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
Kering’s Q4 Earnings Drop 12% as the Luxe Conglomerate Takes in $4.5 Billion
Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...
Gucci Owner Kering Posts Revenue Slump Amid Brand Revamp Efforts
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
3 Reasons Why Kering Can Outperform Following 2024 Collapse
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
Kering: Annual Report Fuels Optimism
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
DZ BANK AG downgrades Kering SA (0IIH) to a Sell
Kering SA (0IIH – Research Report) received a Sell rating and price target from DZ BANK AG analyst Aristotelis Moutopoulos today. The ...
Kering revenue plummets as Gucci losses deepen
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
Gucci Sales Slump Continues as Kering Seeks New Designer
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Deutsche Bank Keeps Their Buy Rating on Kering SA (0IIH)
In a report released today, Adam Cochrane from Deutsche Bank maintained a Buy rating on Kering SA (0IIH – Research Report), with a price ...
Kering's Gucci Performance In Focus -- Earnings Preview
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% ...