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The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...
Gucci sales tumbled in the first quarter as efforts to revive Kering SA’s biggest brand again failed to yield signs of a ...
Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and ...
Kering downgraded to sell as Gucci's 25% revenue drop and poor China performance hinder recovery. Click here to read my most ...
François-Henri Pinault also shared his disappointment with the company's ailing share price. "We're obviously not satisfied at all, far from it," he said.
Group revenue in the first three months of the year amounted to 3.88 billion euros ($4.40 billion), an organic year-on-year ...
PARIS (Reuters) -Shares of Kering dropped 5.42% at market open on Thursday, after the company reported first-quarter sales ...
STORY: Kering shares proved unfashionable for investors Thursday (April 24).The stock dropped 5% after the luxury fashion ...
François-Henri Pinault said Kering faced a "difficult start to the year." Stock in the Gucci and Bottega Veneta has almost ...
Dragged down by weakness at its flagship Gucci brand, the French luxury group reported a 14 percent decline in the first ...
The Kering share price has imploded in the past few years as its sales growth waned in key markets, especially in China.
Kering's results, marked by a 14% annual sales decline with a 25% drop at Gucci, added to signs the luxury sector could be ...
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