Kering SA (0IIH – Research Report) received a Sell rating and price target from DZ BANK AG analyst Aristotelis Moutopoulos today. The ...
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...
Retail Insight Network on MSN9h
Gucci 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.
Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...
In a report released today, Nick Anderson CFA from Berenberg Bank maintained a Hold rating on Kering SA (0IIH – Research Report), with a price ...
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
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