Kering SA (OTCMKTS:PPRUY – Get Free Report) has received a consensus recommendation of “Reduce” from the eight brokerages ...
The French luxury house yearly gives a female artist carte blanche to create a work reflecting the hashtag #NotJustToday.
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of weak sales and has yet to name a new chief designer to galvanise the ...
Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting Group executive Joël Hazan set to succeed her.
Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it tries to revive its flagship brand, Gucci. The French luxury giant ...
Kepler Cheuvreux analyst Charles-Louis Scotti upgraded Kering (PPRUY) to Buy from Hold with a price target of EUR 350, up from EUR 250. The ...
Alexandra Gucci Zarini, granddaughter of Aldo Gucci, has launched a purpose-driven luxury fashion brand, AGCF, forge a path ...
Kering’s Gucci problems Gucci, Kering’s flagship brand, continued to weigh heavily on the group’s performance, with sales plunging 24% year-on-year to €1.92 billion during the quarter. The ...
Kering’s annual recurring operating income fell 46% to €2.55 billion ($2.63 billion) last year, the French fashion group said, the lowest since 2016. Aside from Gucci, Kering’s labels ...
Kering’s revenue fell by less than analysts expected in the fourth quarter as the Gucci owner seeks to reinvigorate a turnaround plan for its core brand. Some luxury groups have pointed to signs ...
Gucci sent a collection of furry coats, slim pencil skirts and slip dresses down the catwalk for its fall-winter show, a ...