Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Kering SA Add to portfolio

N100:KER, Feb 16, 06:16 UTC

Latest N100:KER News

Filter your feed

Apply Filter

Tuesday, February 12


News

Gucci owner Kering hails ‘remarkable’ year as sales soar

KER

Luxury group Kering has hailed a ‘remarkable’ year after rapid growth on the back of demand for Gucci in Asia and North America. The French conglomerate, which has a stable of fashion brands including Alexander McQueen and Saint Laurent, saw organic revenue rise by 23.3% in the final quarter to 3.7 billion euros (£3.24 billion), beating analyst expectations. More than half of this was accounted for by star brand Gucci, which topped 8 billion euros of revenue last year. Demand in the Asia-Pacific region powered growth, with sales up 45%. North America was close behind with a 43.6% increase.

Read Full Details

Topics:
  • Business
  • Financial

Friday, January 25


News

Gucci-owner Kering faces €1.4 billion Italian tax claim

KER

PARIS/MILAN (Reuters) - Kering is facing an Italian claim for €1.4 billion (£1.21 billion) in unpaid taxes, the French luxury goods group disclosed on Friday, adding that it contested the preliminary findings. Italy's tax police carried out checks at Gucci's Florence headquarters and Milan offices in 2017, and drew up the report that has now been handed to Kering, a source close to the investigation said. "Kering challenges the outcome of the audit report both on the grounds and the amount," the company said, adding that it "does not have the necessary information" to record a provision against any potential bill for back taxes or penalties. According to reports by France's Mediapart newspaper and Germany's Der Spiegel, Kering's wholesale activities - the sale of products to retailers such as department stores - have come under particular scrutiny. Some business carried out by Kering employees in locations including Milan and Paris was billed through the Swiss unit, incurring lower tax rates, according to those reports.

Read Full Details

Topics:
  • Business
  • Financial

Sunday, January 20


News

Deutsche Bank Analysts Give Kering (KER) a €510.00 Price Target – PressOracle

KER

Kering (EPA:KER) has been assigned a €510.00 ($593.02) price target by stock analysts at Deutsche Bank in a report issued on Thursday, January 10th. Finally, Bank of America set a €600.00 ($697.67) price objective on shares of Kering and gave the company a “buy” rating in a research note on Monday, November 19th. Kering presently has a consensus rating of “Buy” and an average target price of €504.63 ($586.77). The company offers shoes; leather goods, including handbags and wallets, and other leather products; eyewear and textile accessories; jewelry and watches; and outerwear, denims, T-shirts, and formalwear for men, as well as ready-to-wear products for women.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, January 08


News

Global Imitation Jewelry Market Forecast to 2023; Led by Gianni Versace, Kering, LVMH, New Avon, and Tiffany & Co - ResearchAndMarkets.com

KER

Global Imitation Jewelry Market Forecast to 2023; Led by Gianni Versace, Kering, LVMH, New Avon, and Tiffany & Co - ResearchAndMarkets.com. DUBLIN--(BUSINESS WIRE)--The "Global Imitation Jewelry Market 2019-2023" report has been added to ResearchAndMarkets.com's offering. The imitation jewelry market will register a CAGR of over 7% by 2023. The changes in consumer taste and preferences in terms of jewelry designs and increasing awareness about distinct and innovative fashion jewelry designs is expected to drive growth in the imitation jewelry market.

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Thursday, January 03


News

Deutsche Bank Analysts Give freenet (FRA:FNTN) a €22.00 Price Target

KER DBK

freenet (FRA:FNTN) has been given a €22.00 ($25.58) price target by investment analysts at Deutsche Bank in a report released on Tuesday, December 18th. Deutsche Bank’s target price points to a potential upside of 28.73% from the company’s current price. Jefferies Financial Group set a €25.70 ($29.88) target price on freenet and gave the company a “neutral” rating in a report on Thursday, November 8th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company.

Read Full Details

Topics:
  • Business
  • Financial
News

Kering (EPA:KER) Given a €530.00 Price Target at Goldman Sachs Group – XNewsPress

KER

A number of other research firms have also issued reports on KER. Societe Generale set a €505.00 ($587.21) target price on Kering and gave the company a “buy” rating in a report on Thursday, October 18th. Kering has a twelve month low of €231.35 ($269.01) and a twelve month high of €417.40 ($485.35). Kering SA develops, designs, manufactures, markets, and sells apparel and accessories worldwide. The company offers shoes; leather goods, including handbags and wallets, and other leather products; eyewear and textile accessories; jewelry and watches; and outerwear, denims, T-shirts, and formalwear for men, as well as ready-to-wear products for women.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, December 26


News

Leather Handbags Market Is Booming Worldwide | Hermès, Kering, LVMH, PRADA - Press Release

KER

Get a view on Leather Handbags Market sales by marketing channels. A new research document is added in HTF MI database of 119 pages, titled as 'Global Leather Handbags Market Report 2018' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, South America, Asia, Other Country and important players/vendors such as Hermès, Kering, LVMH, PRADA, Tapestry. Section 4: 900 USD——Region Segmentation North America Country (United States, Canada) South America Asia Country (China, Japan, India, Korea) Europe Country (Germany, UK, France, Italy) Other Country (Middle East, Africa, GCC) Section (5 6 7): 500 USD—— —Product Type Segmentation Traditional handbag Luxury handbag —Industry Segmentation Offline Online —Channel Segmentation Direct Sales Distributor Section 8: 400 USD——Trend (2018-2022) Section 9: 300 USD——Product Type Detail Section 10: 700 USD——Downstream Consumer Section 11: 200 USD——Cost Structure Section 12: 500 USD——ConclusionView Detailed Table of Content @ https://www.htfmarketreport.com/reports/1522901-global-leather-handbags-marketTable of Contents Section 1 Leather Handbags Product Definition Section 2 Global Leather Handbags Market Manufacturer Share and Market Overview 2.1 Global Manufacturer Leather Handbags Shipments 2.2 Global Manufacturer Leather Handbags Business Revenue 2.3 Global Leather Handbags Market Overview Section 3 Manufacturer Leather Handbags Business Introduction 3.1 Hermès Leather Handbags Business Introduction 3.1.1 Hermès Leather Handbags Shipments, Price, Revenue and Gross profit 2014-2017 3.1.2 Hermès Leather Handbags Business Distribution by Region 3.1.3 Hermès Interview Record 3.1.4 Hermès Leather Handbags Business Profile 3.1.5 Hermès Leather Handbags Product Specification 3.2 Kering Leather Handbags Business Introduction 3.2.1 Kering Leather Handbags Shipments, Price, Revenue and Gross profit 2014-2017 3.2.2 Kering Leather Handbags Business Distribution by Region 3.2.3 Interview Record 3.2.4 Kering Leather Handbags Business Overview 3.2.5 Kering Leather Handbags Product Specification 3.3 LVMH Leather Handbags Business Introduction 3.3.1 LVMH Leather Handbags Shipments, Price, Revenue and Gross profit 2014-2017 3.3.2 LVMH Leather Handbags Business Distribution by Region 3.3.3 Interview Record 3.3.4 LVMH Leather Handbags Business Overview 3.3.5 LVMH Leather Handbags Product Specification 3.4 PRADA Leather Handbags Business Introduction 3.5 Tapestry Leather Handbags Business Introduction … Section 4 Global Leather Handbags Market Segmentation (Region Level) 4.1 North America Country 4.1.1 United States Leather Handbags Market Size and Price Analysis 2014-2017 4.1.2 Canada Leather Handbags Market Size and Price Analysis 2014-2017 4.2 South America Country 4.2.1 South America Leather Handbags Market Size and Price Analysis 2014-2017 4.3 Asia Country 4.3.1 China Leather Handbags Market Size and Price Analysis 2014-2017 4.3.2 Japan Leather Handbags Market Size and ....ContinuedBuy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=1522901 It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, December 06


News

Head to Head Comparison: Crawford & Company (CRD.A) & KERING S A/ADR (OTCMKTS:PPRUY) – Fairfield Current

KER ALV

KERING S A/ADR (OTCMKTS:PPRUY) and Crawford & Company (NYSE:CRD.A) are both retail/wholesale companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, risk, earnings, dividends, valuation, profitability and analyst recommendations. This is a summary of current ratings and recommmendations for KERING S A/ADR and Crawford & Company, as provided by MarketBeat. This table compares KERING S A/ADR and Crawford & Company’s net margins, return on equity and return on assets.

Read Full Details

Topics:
  • Business
  • Financial

Monday, December 03


News

Kering to repatriate e-commerce in-house - The Moodie Davitt Report - The Moodie Davitt Report

KER

Luxury group Kering – which counts Gucci, Saint Laurent, and Bottega Veneta among its power brands – is bringing its e-commerce activities in-house as it steps up its drive to build its fastest-growing sales channel. E-commerce – which represented 6% of the group’s total retail sales in the first half of 2018 – had been handled through a joint venture with YNAP (Yoox Net-A-Porter Group) over the past seven years. However, the channel will transition to Kering in the first half of 2020. Customers draw inspiration from today’s hyper-connected world and they engage with luxury brands through the digital tools they use every day. Kering Chief Client & Digital Officer Grégory Boutté – appointed in December 2017 and charged with Kering’s digital transformation and to take the lead on e-commerce, CRM, data science and innovation – said: “These exciting initiatives have been designed to meet – and exceed – the needs of our houses’ customers and to ensure we continue to offer them an exceptional experience across all channels in a fast-changing global market.

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Friday, November 30


News

Gucci to add sparkle with high-end jewels, Kering's Pinault says

KER

Gucci to add sparkle with high-end jewels, Kering's Pinault says. PARIS (Reuters) - Gucci, the Italian fashion label driving revenue growth at French luxury group Kering , will branch into high end jewelry with a collection in June or July, Kering boss Francois-Henri Pinault said in a newspaper interview on Friday. Jewelry has been one of the best performing corners of the luxury industry in 2018, according to consultancy Bain & Co, which forecast that comparable sales in the 18 billion euro global market were set to progress 7 percent this year. Most labels produce earrings and other accessories but high-end jewelry is a more rarefied world, occupied by the likes of Switzerland's Chopard, or Boucheron, a label owned by Kering into which it is also plowing resources.

Read Full Details

Topics:
  • Business
  • Financial