Kering Stock News

Wachstum trotz Gegenwind: Richemont punktet mit Cartier & Co. – und bleibt dank klarer Strategie ein Analystenfavorit.

In trying to reduce Kering's over-reliance on struggling flagship label Gucci, French billionaire Francois-Henri Pinault has created another problem, as a string of acquisitions piled up debts just as the industry entered a prolonged slump.

Press release - Bond issue - May 2025

Das französische Modehaus Balenciaga aus dem Kering FR0000121485-Konzern stellt sich künstlerisch neu auf: Nach dem Weggang des umstrittenen Designers Demna Gvasalia (44) übernimmt der Italiener Pierpaolo Piccioli (56) die kreative Leitung des Hauses, wie der Mutterkonzern Kering mitteilte.Der ehemalige Valentino-Kreativdirektor soll am 10.

Kering said it appointed Pierpaolo Piccioli as the new creative director of Balenciaga as the French luxury group faces a slowdown in demand for high-end goods, coupled with its own turnaround challenges.

Gucci-owner Kering has seen a stark decline of demand for its luxury and fashion goods in the United States, its Chief Executive Francois-Henri Pinault told French senators at a parliamentary hearing on Tuesday.

I downgrade Kering to a sell rating due to poor performance, particularly in China and Gucci, with no signs of near-term recovery. Kering's 1Q25 revenue fell 14% y/y, with declines across all major regions and brands, notably Gucci's 25% y/y drop. Gucci's ongoing struggles, including weak in-store traffic and ineffective product refreshes, are severely impacting Kering's overall earnings.

Das US-Analysehaus Bernstein Research hat das Kursziel für Kering FR0000121485 von 150 auf 170 Euro angehoben, aber die Einstufung auf "Market-Perform" belassen.