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On Wednesday, RBC Capital made adjustments to its outlook on Kering (EPA:PRTP) SA (KER:FP) (OTC: PPRUY), a luxury goods company known for brands like Gucci. The firm reduced the stock price target...
Kering (PPRUY) ADRs fell more than 2% Tuesday after the luxury goods company reported its first quarter revenue numbers, revealing a decline year-on-year. Kering's revenue on a reported basis fell...
Investing.com - Kering’s shares slumped Wednesday, after the French luxury goods company issued a first-quarter profit warning, driven by weakness at its key brand Gucci in Asia. At 10:15 ET (14:15...
Investing.com - European stock markets climbed higher Friday, boosted by U.K. economic growth as investors await more U.S. inflation data and big bank earnings. At 03:10 ET (08:10 GMT), the DAX index...
In a disappointing turn of events for Kering (EPA:PRTP), the parent company of luxury brands such as Gucci, Yves Saint Laurent, and Bottega Veneta, its shares have fallen to their lowest point...
The European luxury sector is facing headwinds, with concerns over dwindling demand from China and rising non-discretionary costs, according to RBC. On Monday, RBC scrutinized the industry, noting the...
European luxury stocks, including LVMH (EPA:LVMH), Kering (EPA:PRTP), Richemont, and Burberry Group (OTC:BURBY) Plc, experienced a decline on Tuesday. This downturn follows a warning issued by...
Luxury conglomerate Kering (EPA:PRTP)'s flagship fashion label, Gucci, entered a transformative phase under the new creative director, Sabato de Sarno. His minimalist debut collection, presented...
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