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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 (EPA:PRTP) (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...
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...
Investing.com - European stock markets climbed higher Friday, boosted by U.K. economic growth as investors await more U.S. inflation data and big bank earnings. At 03:10 ET (08:10 GMT), the DAX index...
The ASX is set to lift in early trading, trading up 24 points or 0.24% as of 8:20 am. The buoyancy is likely due to a strong showing by US markets overnight, which saw all three main US indices gain...
In a disappointing turn of events for Kering (EPA:PRTP), the parent company of luxury brands such as Gucci, Yves Saint Laurent, and Bottega Veneta, its shares have fallen to their lowest point...
A look at the day ahead in European and global markets from Tom Westbrook: Giants of tech and luxury goods have turned in mixed reports. Microsoft (NASDAQ:MSFT) and Google parent Alphabet...
The European luxury sector is facing headwinds, with concerns over dwindling demand from China and rising non-discretionary costs, according to RBC. On Monday, RBC scrutinized the industry, noting the...
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