Gucci slump continues to weigh on luxury goods group Kering
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a slight improvement in the group’s performance in major markets China and the United States buoyed investors.
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
In a report released today, Chiara Battistini from J.P. Morgan maintained a Sell rating on Kering SA (0IIH – Research Report), with a price ...
In the call with analysts, the group said it is looking at similar businesses with high potential. Meanwhile, Gucci's new ...
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% ...
Jefferies analyst James Grzinic maintained a Hold rating on Kering SA (0IIH – Research Report) today and set a price target of €210.00. The ...
4hon MSN
French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it ...
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