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By Matt Tracy (Reuters) -S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable ...
Gucci owner Kering , reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its ...
A jump in standalone debt at Artemis, the Pinault family company that controls Gucci-owner Kering, is a "temporary spike", ...
Kering struggles with declining revenue and margins amid industry shifts. Click here for a full investment analysis.
The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...
The French luxury group's performance worsened in the second quarter as organic sales at its cash-cow brand fell by 25 percent.
Kering SA is holding advanced talks with Qatar’s royal family to sell a Milan luxury property, Italian newspaper Il Corriere ...
Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...
The VIP dinner, with a host committee including Salma Hayek Pinault and Madonna, supports organizations that address ...
S&P expects Kering’s revenue to reach €14.8 billion-€15.0 billion for fiscal year 2025, with adjusted EBITDA of €3.6 billion-€3.7 billion, down from €4.5 billion in 2024. The company’s projected 2025 ...
Kering's Q2 results confirm ongoing crisis: group revenue fell 15% y/y, with Gucci sales plunging 25% and no signs of ...
Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.
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