Morningstar analysts said in a recent note: "A 10% to 20% tariff on European luxury goods could depress luxury sales in the U ...
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
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GlobalData on MSNGucci owner Kering sees 12% revenue drop in 2024The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
From Michelle Obama calling Barack Obama her "rock" to Cindy Crawford posting a throwback of Rande Gerber, here's how the ...
A sluggish economy, an austere political mood and the feeling among some consumers that pricey brands are passé have combined ...
In a report released today, Carole Madjo from Barclays maintained a Sell rating on Kering SA (0IIH – Research Report), with a price target of ...
Kering SA (PPRUF) reports a challenging year with a 12% revenue decline, while emphasizing long-term brand health and ...
Abrupt exit of Gucci creative director Sabato De Sarno underlines unprecedented talent churn at leading labels ...
The eyewear group closed 2024, the year of its 10th anniversary, with a record revenue of 1.6 billion euros, a 6 percent ...
DZ Bank analyst Aristotelis Moutopoulos downgraded Kering (PPRUY) to Sell from Hold with a EUR 238 price target Maximize Your Portfolio with ...
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