Morningstar analysts said in a recent note: "A 10% to 20% tariff on European luxury goods could depress luxury sales in the U ...

He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.

After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.

From Michelle Obama calling Barack Obama her "rock" to Cindy Crawford posting a throwback of Rande Gerber, here's how the ...

A sluggish economy, an austere political mood and the feeling among some consumers that pricey brands are passé have combined ...

In a report released today, Carole Madjo from Barclays maintained a Sell rating on Kering SA (0IIH – Research Report), with a price target of ...

Kering SA (PPRUF) reports a challenging year with a 12% revenue decline, while emphasizing long-term brand health and ...

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 shares. Published first on TheFly – the ultimate source ...

The eyewear group closed 2024, the year of its 10th anniversary, with a record revenue of 1.6 billion euros, a 6 percent ...

Abrupt exit of Gucci creative director Sabato De Sarno underlines unprecedented talent churn at leading labels ...

Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.