Kering Stock News

Kering's CEO said he has no plans to shift production out of Europe to counter Trump's tariffs. He said that most of the group's production is in Italy and France, which is part of its heritage.

Kering SA (OTCPK:PPRUF) 2024 Full Year Earnings Conference Call February 11, 2025 2:30 AM ET Company Participants François-Henri Pinault - Chairman and Chief Executive Officer Francesca Bellettini - Deputy CEO, Brand Development Jean-Marc Duplaix - Deputy CEO, Chief Operating Officer Armelle Poulou - Group Chief Financial Officer Conference Call Participants Edouard Aubin - Morgan Stanley Antoi...

Kering SA's revenue and profitability have declined sharply, but the worst seems behind us, making it an attractive buy at current low valuations. Gucci's sales slump is significant, but new products show promise, indicating potential for recovery and improved financial structure. Bottega Veneta, Kering Eyewear, and Kering Beauté are performing well, reducing dependency on Gucci and showcasing ...

Kering SA (EPA:KER) reported a 12% drop in fourth-quarter sales to €4.39 billion (£3.76 billion), with Gucci taking the biggest hit. Sales at the Italian fashion house fell 24%, worse than analyst expectations of a 19% decline.

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label. The luxury fashion group posted a 12% decline in fourth-quarter revenues to 4.39 billion euros ($4.52 billion), just slightly ahead of the 4.29 billion euros forecast.

French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, but flagged a slight improvement in major markets China and the United States.

Kering Press Release - Annual Results 2024 - 110225

Die Schwäche von Gucci belastet weiterhin den Luxusgüterkonzern Kering FR0000121485.