Kering Aktie News

In trying to reduce Kering's over-reliance on struggling flagship label Gucci, French billionaire Francois-Henri Pinault has created another problem, as a string of acquisitions piled up debts just as the industry entered a prolonged slump.

Press release - Bond issue - May 2025

Das französische Modehaus Balenciaga aus dem Kering FR0000121485-Konzern stellt sich künstlerisch neu auf: Nach dem Weggang des umstrittenen Designers Demna Gvasalia (44) übernimmt der Italiener Pierpaolo Piccioli (56) die kreative Leitung des Hauses, wie der Mutterkonzern Kering mitteilte.Der ehemalige Valentino-Kreativdirektor soll am 10.

Kering said it appointed Pierpaolo Piccioli as the new creative director of Balenciaga as the French luxury group faces a slowdown in demand for high-end goods, coupled with its own turnaround challenges.

Gucci-owner Kering has seen a stark decline of demand for its luxury and fashion goods in the United States, its Chief Executive Francois-Henri Pinault told French senators at a parliamentary hearing on Tuesday.

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 major regions and brands, notably Gucci's 25% y/y drop. Gucci's ongoing struggles, including weak in-store traffic and ineffective product refreshes, are severely impacting Kering's overall earnings.

Das US-Analysehaus Bernstein Research hat das Kursziel für Kering FR0000121485 von 150 auf 170 Euro angehoben, aber die Einstufung auf "Market-Perform" belassen.

Kering - Press release - Description of the Share Buyback Program - April 24 2025     PRESS RELEASE   April 24, 2025   DESCRIPTION OF THE SHARE BUYBACK PROGRAM AUTHORIZED BY THE COMBINED GENERAL SHAREHOLDERS' MEETING OF APRIL 24, 2025, AND DELEGATION FROM THE BOARD OF DIRECTORS AT ITS MEETING OF APRIL 24, 2025   The General Shareholders' Meeting of April 24,2025 renewed the authorization given ...