Kering's (PPRUF) 2024 sales fell 12%, EBIT was down 46%, with a year-end net debt of €10.5 billion. Read why I remain neutral ...
Plus, Los Angeles' American Contemporary Ballet debuts two new works, Courteney Cox’s Homecourt launches a laundry collection ...
Rival groups are making similar moves, with Kering appointing Demna as Gucci’s artistic director and Chanel preparing for ...
PARIS/MILAN — Kering lost around $3 billion in stock market value on Friday after the group chose in-house talent Demna to reinvigorate its Gucci label rather than hiring one of fashion’s big-ticket ...
The markets seem to share this fear, as Kering’s shares fell 12% after the announcement, bringing them to a value of just over $27 billion. But I wouldn’t expect this. Though Demna fell in a rut at ...
Shares in Kering sank, after the French fashion conglomerate named the provocative designer Demna as artistic director of Gucci, its largest brand. Kering stock recently stood more than 13% lower ...
Representative image Kering shares dropped sharply on Friday morning after the group led by Francois-Henri Pinault chose to bet on subversive in-house talent Demna to reinvigorate its Gucci label ...
PARIS/MILAN: Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its Gucci label rather than hiring one of fashion's big-ticket ...
The CEO of Kering (which owns both Gucci and Balenciaga), François-Henri Pinault, celebrated Demna’s successes upon welcoming him to Gucci. “Demna’s contribution to the industry, to Balenciaga, and to ...
In a press release, François-Henri Pinault, CEO of Kering, stated, "Demna’s contribution to the industry, to Balenciaga, and to the group’s success has been tremendous." Pinault continued ...
Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its ...