Tag: Kering
Kering: RBC lowers its price target
(CercleFinance.com) – RBC announced on Friday that it had lowered its price target on Kering, from 480 to 440 euros, considering that a ‘more radical’ overhaul of the Gucci brand…
Kering darkens the Paris Stock Exchange before the Fed – 03/20/2024 at 6:15 p.m.
The control room of Euronext, the company that manages the Paris Stock Exchange (AFP / ERIC PIERMONT) The Paris Stock Exchange ended down 0.48% on Wednesday, cooled by the fall…
“The decline of Kering or “the Gucci problem””
Presentation of creations for Gucci’s fall-winter 2024-25 men’s collection, under the artistic direction of Sabato de Sarno, in Milan, Italy, on January 12, 2024. DANIELE MASCOLO/REUTERS IIt was therefore not…
Cac 40: Undermined by the heavy decline of Kering, the CAC 40 moves away from 8,200 points
(BFM Bourse) – The Paris Stock Exchange ended down, weighed down by Kering whose warning on its income penalized the luxury sector. The CAC 40 gives up 0.48% below 8,200…
Kering: denies Selfridges rumor
JB.A. Published on 03/18/2024 at 10:04 a.m. Photo credit © Kering (Boursier.com) — Kering denies any…
Kering warns of a 10% decline in its sales in the first quarter with Gucci – 03/20/2024 at 08:50
The Gucci logo, in Paris Kering warned on Tuesday that its sales in the January-March period should have fallen by around 10% year-on-year, due to the sharp decline in quarterly…
Kering expected to drop sharply after warning on Gucci – 03/20/2024 at 09:11
The listing of Kering shares PRTP.PA was headed lower at the open on Wednesday on the Paris Stock Exchange after the luxury group warned that first-quarter sales of its flagship…
Kering plunges on the stock market after the warning on Gucci – 03/20/2024 at 12:10
(Updated with stock price, details) by Mimosa Spencer Kering PRTP.PA is on course for its worst session in its history on Wednesday on the Paris Stock Exchange after the luxury…
Kering unscrews: warning on its first quarter accounts
(AOF) – Kering (-12.90% to 370.80 euros) is bottom of the CAC 40 after its warning on Tuesday evening. The luxury group warned that its consolidated turnover would drop by…
Kering unscrews: expected fall in revenues in the first quarter – 03/20/2024 at 09:33
(AOF) – Kering (-14.65% to 363.55 euros) displays by far the biggest drop in the CAC 40 after its warning on Tuesday evening. The luxury group warned that its consolidated…
Kering sanctioned on the stock market for the poor performance of Gucci
Lead by its Gucci brand, the French luxury group Kering plunged on the stock market on Wednesday (AFP/Archives/Charly TRIBALLEAU) The action of the French luxury group Kering fell by more…
Kering: Gucci’s quarterly revenues should be down nearly 20% on a comparable basis
(AOF) – Current trends lead Kering to estimate a drop in consolidated turnover of around 10% on a comparable basis in the first quarter of 2024 compared to last year.…