Morgan Stanley (NYSE: MS) has upgraded Richemont SA (SIX: CFR) stock to Overweight and raised its price target to CHF 200 ...
Johann Rupert may only be a minority shareholder in the companies he chairs, but he still has large amounts of control thanks ...
Executives said on earnings calls last week that luxury brands like Ralph Lauren, Coach, and Kate Spade are moving away from markdowns amid early signs the luxury market is recovering from two years ...
Kering’s revenue fell by less than analysts expected in the fourth quarter as the Gucci owner seeks to reinvigorate a ...
The switch in artistic direction at the company's flagship brand comes after Kering reshuffled Gucci's executive team, naming Stefano Cantino as chief executive of the label in October, a year after ...
Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround.
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales.
Richemont's surprise 10 percent uptick in third-quarter revenue sent a jolt of energy — and hope — through the markets, but analysts remain divided as to whether the luxury giant's success ...
“Our big jump in profitability is due to better full-price selling and higher basket size,” Kliger told WWD during an ...
MYT Netherlands Parent B.V. ( NYSE: MYTE) Q2 2025 Earnings Conference Call February 11, 2025 8:00 AM ET Martin Beer – Chief Financial Officer Michael Kliger – Chief Executive Officer Oliver Chen – TD ...