Kering: The End Of The Meltdown May Be Near
Portfolio Pulse from
Kering's stock has dropped 72% since August 2021 due to macroeconomic issues in China and Europe and high CapEx investments. However, investments in Valentino and Creed aim to reduce dependence on Gucci and foster long-term growth. The Chinese real estate crisis is a concern, but government stimulus and long-term recovery are expected to benefit Kering.
November 29, 2024 | 9:00 am
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POSITIVE IMPACT
Kering's stock has significantly declined due to macroeconomic challenges and high capital expenditures. However, strategic investments in Valentino and Creed are expected to diversify revenue streams and reduce reliance on Gucci, potentially stabilizing the stock.
The stock's decline is attributed to external macroeconomic factors and high CapEx. However, strategic investments in Valentino and Creed are positive steps towards diversification and long-term growth, which could stabilize the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90