Aktien Sensor

Kering SA, the luxury conglomerate behind Gucci and Yves Saint-Laurent, has appointed Luca de Meo as its new CEO, tasked with reviving Gucci’s sales and profitability amidst a broader decline in the luxury market.

Kering SA’s stock price has risen following a positive recommendation from HSBC, which upgraded its rating to ‘buy’ due to a potential turnaround in Chinese consumer spending.

Kering’s stock price has shown signs of recovery, but analysts warn that the company’s underlying issues, including Gucci’s sales drop and lack of innovation, remain a major concern.

Kering, the French luxury goods company behind Gucci, has reported a 18% sales decline in the second quarter, with Gucci experiencing a 25% drop, amidst a broader decline in the luxury market.

Kering SA, a luxury goods company, is expected to benefit from a US-EU trade agreement that includes a 15% tariff reduction, leading to a potential rebound in the European market.

The luxury goods sector is experiencing a prolonged downturn, but Kering’s market moat remains intact due to its strong brand portfolio and commitment to innovation and sustainability.

Kering SA, a leading luxury goods company, is navigating a challenging market landscape, but its strong global presence and diverse portfolio of brands position it for long-term success.

Kering SA’s stock price has surged amid broader European market gains, driven by the company’s strategic efforts to expand into new markets and adapt to changing consumer preferences.

Kering, the French luxury goods company, is in exclusive talks to sell a stake in its Fifth Avenue property to private equity firm Ardian to bolster its finances and navigate the current slowdown in demand.

Kering’s luxury empire is under siege, with its stock price plummeting due to a perfect storm of challenges, including declining sales and restructuring efforts.