Streetbeat News

PPRUY

Kering

https://www.kering.com/

CEO

Francois-Henri Pinault

Industry

Hosiery and Sock Mills

Open

24.09

Mkt cap

30B

Volume

89K

High

24.56

P/E Ratio

24.28

52-wk high

46.32

Low

23.68

Div yield

0.05

52-wk low

21.69

Kering SA's shares dropped 11% after appointing Demna, Balenciaga's creative director, to rejuvenate Gucci. This decision led to a significant loss in market value.

Portfolio Pulse from

March 14, 2025 | 1:15 pm

Kering's shares dropped by 10% following the announcement that Demna Gvasalia will be the new artistic director of Gucci, a key brand under Kering.

Portfolio Pulse from

March 14, 2025 | 8:45 am

Kering has appointed Demna as the new Artistic Director of Gucci, a significant leadership change for the luxury brand.

Portfolio Pulse from

March 13, 2025 | 5:30 pm

Kering has appointed Demna as the artistic director of Gucci, potentially impacting the brand's creative direction and market performance.

Portfolio Pulse from

March 13, 2025 | 5:30 pm

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

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