Kering SA (PPRUY)

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 re...

Gucci sales fell 25% in the first quarter to 1.6 billion euros. The decline contributed to a 14% decrease in owner Kering's revenues for the first three months.

Burberry Group PLC (LSE:BRBY) shares fell 3.4% after Paris-listed rival Kering, owner of the Gucci label, reported a larger fall in first-quarter sales than analysts had forecast. Posting results over...

The stock fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts' expectations, unnerving investors as the group navigates a slowdown in luxury-goods spending.

Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead. Revenues at the fashion giant...

Shares of Kering traded down 5% in European morning trade on Thursday, after the group reported a first-quarter sales drop that was worse than analysts' expectations.

Kering SA (OTCPK:PPRUF) Q1 2025 Sales/ Trading Statement Call April 23, 2025 12:00 PM ET Company Participants Armelle Poulou - Group Chief Financial Officer Francesca Bellettini - Deputy Chief Executi...

Kering faced a difficult start to the year,” Chief Executive Francois-Henri Pinault said. Kering last month turned to Demna Gvasalia to take the reins of Gucci's designs.