News
Hosted on MSN8d
Shares in Gucci Owner Kering Fall After Sales DisappointKering shares fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts’ expectations for the first ...
By Mimosa Spencer PARIS (Reuters) -Shares of Kering traded down 5% in European morning trade on Thursday, after the group ...
The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged ...
Sales at French luxury group Kering plunged in the first quarter, driven by a slump in demand at Gucci, underlining the scale ...
François-Henri Pinault said Kering faced a "difficult start to the year." Stock in the Gucci and Bottega Veneta has almost ...
Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and ...
The luxury conglomerate posted a company-wide revenue decline of 14% in Q1 and announced store closures amid a downturn in ...
The Kering share price has imploded in the past few years as its sales growth waned in key markets, especially in China.
The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...
François-Henri Pinault also shared his disappointment with the company's ailing share price. "We're obviously not satisfied ...
Dragged down by weakness at its flagship Gucci brand, the French luxury group reported a 14 percent decline in the first ...
Kering's results, marked by a 14% annual sales decline with a 25% drop at Gucci, added to signs the luxury sector could be ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results