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Kering shares fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts’ expectations for the first quarter, unnerving investors as the group navigates a slowdown in ...
Welcome to the Kering 2025 First Quarter Revenue Conference Call and Webcast. Please be advised that today's conference call is being recorded. As a reminder, all participants are in listen-only mode.
Kering posted lower sales that undershot analysts’ forecasts for the first quarter, as a slowdown in luxury-goods spending continues to plague an industry that is now up against heightened ...
I downgrade Kering to a sell rating due to poor performance, particularly in China and Gucci, with no signs of near-term recovery. Kering's 1Q25 revenue fell 14% y/y, with declines across all ...
PARIS -The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged possible job cuts with no signs of improvement in sight. Kering's ...
Gucci owner Kering saw its shares fall over 5 per cent on Thursday after the group revealed its sales dropped more than expected in the first quarter. Shares have lost around half their value in ...
[PARIS] The crisis at Kering’s flagship Gucci label deepened in the first quarter, the company said on Wednesday (Apr 23) as it flagged possible job cuts with no signs of improvement in sight.
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“As we had anticipated, Kering faced a difficult start to the year. In this environment, we are fully focused on executing on our action plans to reach our strategic and financial objectives and ...
The company’s beauty division, however, reported a 6% rise in sales, driven by interest in luxury fragrance house Creed Shares in Kering have fallen 6% after it reported a “difficult” start to the ...
At close: April 17 at 5:38:54 PM GMT+2 ...
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