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Investing.com - European stock markets ended mixed Friday, helped by gains in the luxury sector as investors digested the latest ECB interest rate cut as well as growth data from China, the world’s...
Investing.com - European luxury stocks surged Friday, rebounding after sharp losses earlier this week as investors begin to gain confidence that more stimulus will boost the Chinese economy, a major...
Investing.com - Morgan Stanley takes a look at Kering (EPA:PRTP), expecting the French luxury conglomerate’s underperformance to continue as Gucci’s turnaround to take another 2-3 years. Kering,...
Investing.com - The stock of the French luxury group Kering SA (EPA:PRTP) plummeted last week, continuing the downward trend of recent months, and closed at €236.25 on Friday, the lowest level...
Investing.com -- The global luxury sector is seeing a turbulence as analysts downgrade several major brands, citing a slowdown in key markets, especially China. Shares of Kering (EPA:PRTP) and ...
On Thursday, JPMorgan adjusted its outlook on Kering (EPA:PRTP) SA (KER:FP) (OTC: PPRUY) stock, reducing the price target to €285 from the previous target of €325, while maintaining a Neutral...
On Wednesday, RBC Capital made adjustments to its outlook on Kering (EPA:PRTP) SA (KER:FP) (OTC: PPRUY), a luxury goods company known for brands like Gucci. The firm reduced the stock price target...
Kering (PPRUY) ADRs fell more than 2% Tuesday after the luxury goods company reported its first quarter revenue numbers, revealing a decline year-on-year. Kering's revenue on a reported basis fell...
Investing.com - Kering’s shares slumped Wednesday, after the French luxury goods company issued a first-quarter profit warning, driven by weakness at its key brand Gucci in Asia. At 10:15 ET (14:15...
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