Kering (KER) Eur4 (CDI)
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Shares slide as Richemont results fail to sparkle
8 November 2024 10:12
(Sharecast News) - Shares in Richemont fell sharply on Friday, after the luxury goods giant missed expectations, weighed down by sluggish Chinese demand.
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Shares fall after LVMH sales disappoint
16 October 2024 10:20
(Sharecast News) - Shares in Europe's luxury goods firms came under pressure on Wednesday, after third-quarter numbers from France's LVMH missed expectations.
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Burberry, Kering slump on Barclays downgrades
9 September 2024 09:55
(Sharecast News) - Luxury brands Burberry and Kering slumped on Monday as Barclays downgraded its stance on the shares to 'underweight' from 'equalweight' on structural concerns related...
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Kering first-half revenues drop, H2 operating income to fall 30%
25 July 2024 11:40
(Sharecast News) - Gucci owner Kering tumbled on Thursday after it posted a drop in first-half revenues and warned that operating income would drop in the second half.
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Kering drops £1.1bn to snap up historic building in Milan
4 April 2024 09:03
(Sharecast News) - French luxury giant Kering has announced that it is spending €1.3bn (£1.1bn) on a historic building in Milan, giving it one of the largest retail spaces in the city's fashion...
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Luxury stocks slide after Kering warns on profits
20 March 2024 09:42
(Sharecast News) - Shares in Gucci-owner Kering tumbled on Wednesday, after the French luxury group warned on profits.
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Deutsche Bank slashes Burberry estimates on weaker demand outlook
7 December 2023 10:28
(Sharecast News) - Deutsche Bank has slashed target prices across the luxury sector, including for UK-listed Burberry, warning that demand is like to "remain challenging" in early 2024.
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Sales slump at Gucci owner Kering
25 October 2023 09:02
(Sharecast News) - Shares in Gucci owner Kering fell on Wednesday after it reported a decline in third-quarter revenue, citing softening demand.
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