Coca-Cola shares rose after the beverage maker reported fourth-quarter earnings and revenue that surpassed Wall Street expectations. WK Kellogg shares rallied after the cereal maker's earnings topped ...
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno's ...
Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
European shares were largely unchanged on Tuesday after a record close in the previous session, with investors assessing the ...
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
In a report released today, Louise Singlehurst from Goldman Sachs maintained a Sell rating on Kering SA (0IIH – Research Report), with a price ...
Of this, Kering Beauté’s revenue was €323m, with the 2023 acquisition of luxury perfume house Creed consolidated over the ...
Bernstein analyst Luca Solca maintained a Hold rating on Kering SA (0IIH – Research Report) today and set a price target of €220.00. The ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales.