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Kering Forecasts 40-45% Drop in H1 Operating Profit as Gucci Sales Tumble
WWD via Yahoo Finance· 1 month agoUpdated April 23 at 4:57 p.m. PARIS — Kering expects its profits to take a sizable hit as Asian...
Kering Issues Q1 Profit Warning, Expects 10 Percent Revenue Decline
WWD via Yahoo News· 2 months agoThis story was updated March 19 at 9:55 p.m. GMT PARIS — Signaling a tougher-than-expected...
Luxury stocks are getting routed, and it shows that big brands can't always be dependent on the...
Business Insider via Yahoo News· 1 year agoLuxury stocks dived this week.Mike Kemp/In Pictures via Getty Images Hermès, LVMH, and Kering share...
Kering Hints at Move Into Beauty After Robust Q2
WWD via Yahoo Finance· 2 years agoPARIS – Could Kering be plotting a move into beauty? Reporting first-half results after the market close on Wednesday, the French luxury group said it...
Kering shares fall 4% after sales drop, dragging down luxury sector
Reuters via Yahoo Finance· 7 months agoPARIS (Reuters) -Shares in French group Kering fell on Wednesday to their lowest since March 2020,...
Stock market today: US futures slip ahead of Fed's rate decision, Gucci owner tanks on sales warning
Business Insider via Yahoo Finance· 2 months agoFederal Reserve Chair Jerome Powell.Aaron Schwartz/Getty Images US stock futures slid on Wednesday...
A luxury buying spree is sending shares of companies like Gucci owner Kering and Hermes soaring
Business Insider via Yahoo Finance· 1 year agoHenglein and Steets/Getty Images Shares of Kering and Hermes are up 17% and 23% year-to-date, partly...
Paris overtakes London to become Europe’s biggest stock market
Yahoo Finance UK· 2 years agoParis has taken the title of Europe’s stock equity market from London. Photo: Getty London has lost...
UK stock market knocked off top spot by France
Press Association News via AOL· 2 years agoParis has overtaken London as the home of Europe’s biggest stock market, new analysis has revealed. The French stock market now has a combined value of...
Kering’s Shares Fall on Lower Profitability Outlook
The Wall Street Journal· 1 month agoShares in Kering dropped after the Gucci owner said it expected sharply lower operating profit in the first half, as it grapples with sluggish demand in...