Streetbeat News

PPRUY

Kering

https://www.kering.com/

CEO

Francois-Henri Pinault

Industry

Hosiery and Sock Mills

Open

27.73

Mkt cap

34B

Volume

15K

High

28.13

P/E Ratio

29.61

52-wk high

47.15

Low

27.73

Div yield

0.04

52-wk low

21.69

Kering's CEO has stated that the company will not move production of Gucci and other brands to the US in response to Trump's tariffs, emphasizing the importance of maintaining production in Italy and France.

Portfolio Pulse from

February 12, 2025 | 8:00 am

Kering SA held its 2024 Full Year Earnings Conference Call, discussing financial results and company performance. Key executives participated, and analysts from major financial institutions attended.

Portfolio Pulse from

February 12, 2025 | 1:15 am

Kering SA reported a 12% drop in fourth-quarter sales, with Gucci experiencing a significant 24% decline, surpassing analyst expectations of a 19% drop.

Portfolio Pulse from

February 11, 2025 | 8:30 am

Kering has released its 2024 annual results. The press release may mention PPRUY, which is Kering's ADR listed in the US.

Portfolio Pulse from

February 11, 2025 | 7:00 am

Kering's stock is experiencing a significant downturn, primarily due to the cost of living crisis. However, the company's strong performance in Japan, driven by currency devaluation, suggests potential for recovery.

Portfolio Pulse from

February 10, 2025 | 1:45 pm

Kering's Gucci brand has ended its collaboration with creative director Sabato De Sarno, marking another high-profile designer change amid a luxury industry slowdown.

Portfolio Pulse from

February 06, 2025 | 8:15 am

Gucci has announced the end of its collaboration with Sabato De Sarno. This decision could impact Kering, the parent company of Gucci, which is listed under the symbol PPRUY.

Portfolio Pulse from

February 06, 2025 | 7:45 am

Kering has completed the sale of The Mall Luxury Outlets to Simon Property Group. The transaction involves two luxury outlet destinations in Italy.

Portfolio Pulse from

January 30, 2025 | 5:00 pm

Kering and Simon have announced the sale of The Mall Luxury Outlets. This move could impact the financials and strategic direction of both companies.

Portfolio Pulse from

January 30, 2025 | 5:00 pm

Kering and Ardian have signed an investment agreement concerning prime real estate assets in Paris. This move could impact Kering's financials and strategic positioning in the luxury market.

Portfolio Pulse from

January 15, 2025 | 5:00 pm

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