The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the ...

Hermès sales surged as wealthy shoppers snapped up its pricey handbags over the holiday season, underlining the brand’s ...

Signs of recovery in China’s luxury market are becoming increasingly clear as fashion brands report encouraging results for ...

The pan-European STOXX 600 index was down 0.1%, as of 0811 GMT. The index has closed at a record high for the past four ...

Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...

Deutsche Bank raised the firm’s price target on Kering (PPRUY) to EUR 340 from EUR 320 and keeps a Buy rating on the shares.Maximize Your ...

Kering SA (OTCMKTS:PPRUY – Get Free Report) has received a consensus recommendation of “Reduce” from the seven brokerages that are currently covering the company, Ratings reports. Three research ...

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.

Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.

European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.

Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...