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Kering


Actualités

Kering Appoints Ewa Abrams President Of Kering Americas

BRIEF-Kering Appoints Ewa Abrams President Of Kering Americas July 15 (Reuters) - Kering SA PRTP.PA : EWA ABRAMS APPOINTED PRESIDENT OF KERING AMERICAS ABRAMS APPOINTED PRESIDENT OF KERING AMERICAS, EFFECTIVE AUGUST 1, 2024 Source text: https://tinyurl.com/5n85detj Further company coverage: PRTP.PA (Gdansk Newsroom)
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Who is Burberry's new CEO and luxury veteran Joshua Schulman?

FACTBOX-Who is Burberry's new CEO and luxury veteran Joshua Schulman? July 15 (Reuters) - British luxury brand Burberry BRBY.L named Joshua Schulman as its new CEO on Monday after warning on profit and scrapping its dividend payment for this year. He will become Burberry's fourth CEO in 10 years, replacing Jonathan Akeroyd who was axed after two years in the role.
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European luxury stocks drop after China data, gloomy Swatch, Burberry releases

BUZZ-European luxury stocks drop after China data, gloomy Swatch, Burberry releases Adds China's Q2 GDP, updates shares ** Shares of European luxury c ompanies slip after data showed China's economy, a key market for the sector, grew much slower than expected in Q2 * * Separately, the world's biggest watchmaker Swatch Group UHR.S reports steep fall
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European stocks fall, luxury names slide

LIVE MARKETS-European stocks fall, luxury names slide STOXX 600 down 0.4% Burberry, Swatch results weigh on luxury names China growth slows Wall St futures edge up Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN STOCKS FALL, LUXURY NAMES SLIDE European equity markets are mostly lower on Monday, led by a slide in luxury names after disappointing trading updates from Burbe
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Don't bank on earnings to boost luxury names

LIVE MARKETS-Don't bank on earnings to boost luxury names STOXX 600 +0.3%, 1-mth high SMI at more than 2-year peak Energy stocks lead Wall St futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com DON'T BANK ON EARNINGS TO BOOST LUXURY NAMES Europe's luxury sector .STXLUXP has struggled to find a constructive catalyst in recent months and analysts at JPMorgan think the up
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JPM sees European luxury sector staying soft in Q2

BUZZ-JPM sees European luxury sector staying soft in Q2 ** J.P.Morgan expects Q2/H1 results to confirm relatively soft trends for the European luxury sector, broadly in line with Q1 ** Broker sees muted growth, margins under pressure for most players except for Italian luxury puffer jacket maker Moncler MONC.MI thanks to its different timings of ma
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Italy - Factors to watch on July 11

Italy - Factors to watch on July 11 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . DEBT The Treasury will sell at auction on Thursday five BTP bonds for a total value of up to 8.5 billion euros.
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EU’s China trade weak spots hide in plain sight

RPT-BREAKINGVIEWS-EU’s China trade weak spots hide in plain sight The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By George Hay and Afiq Fitri Alias LONDON, July 9 (Reuters Breakingviews) - “The supreme art of war is to subdue the enemy without fighting”. Chinese strategist Sun Tzu may have been referring to actual conflicts rather than trade disputes when advancing his famous maxim.
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EU’s China trade weak spots hide in plain sight

RPT-BREAKINGVIEWS-EU’s China trade weak spots hide in plain sight The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By George Hay and Afiq Fitri Alias LONDON, July 9 (Reuters Breakingviews) - “The supreme art of war is to subdue the enemy without fighting”. Chinese strategist Sun Tzu may have been referring to actual conflicts rather than trade disputes when advancing his famous maxim.
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EU’s China trade weak spots hide in plain sight

BREAKINGVIEWS-EU’s China trade weak spots hide in plain sight The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By George Hay and Afiq Fitri Alias LONDON, July 9 (Reuters Breakingviews) - “The supreme art of war is to subdue the enemy without fighting”. Chinese strategist Sun Tzu may have been referring to actual conflicts rather than trade disputes when advancing his famous maxim.
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Paris' La Defense seeks revival with smaller, greener offices

FOCUS-Paris' La Defense seeks revival with smaller, greener offices By Mathieu Rosemain PARIS, June 28 (Reuters) - Paris's La Defense business district is betting that modernising more than 300,000 square metres (3.2 million sq. ft) of offices into greener and more flexible work space will lure back companies and ease record high vacancy rates. With brutalist architecture and modern skyscrapers dominating the skyline to the west of the Arc de Triomphe, La Defense is considered Europe's largest p
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Top of the Street: Kering, LEG Immobilien, Gecina, Klepierre, Safran, Admiral, Rio Tinto, Anglo American, PSP Swiss Property

BUZZ-Top of the Street: Kering, LEG Immobilien, Gecina, Klepierre, Safran, Admiral, Rio Tinto, Anglo American, PSP Swiss Property A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** BofA Global Research Shares double upgrades the luxury group Kering PRTP.PA to "buy" from "underperform", citing early signs of brand heat improvement at its crown jewel Gucci ** DB ups LEG Immobilien LEGn.DE to "buy" from "hold", adding European real estate sector has "clearly i
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European shares subdued ahead of economic data, French elections; H&M plunges

UPDATE 2-European shares subdued ahead of economic data, French elections; H&M plunges For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window H&M tumbles after missing quarterly profit forecasts Kering jumps on BofA double upgrade STOXX 600 down 0.4% Updated at 1600 GMT By Shashwat Chauhan, Jesus Calero and Shristi Achar A June 27 (Reuters) - European shares slipped on Thursday on investor caution ahead of crucial global economic data and the f
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Results, upgrades and regulator decisions keep markets busy

LIVE MARKETS-Results, upgrades and regulator decisions keep markets busy Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john @thomsonreuters.com . RESULTS, UPGRADES AND REGULATOR DECISIONS KEEP MARKETS BUSY It's been a busy first hour or so of trading in Europe, as investors tried to keep up with a string of large cap moves including retail giant H&M taking a kicking on weak results, drug maker GSK being hurt
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Kering jumps after BofA double upgrade on improving brand heat at Gucci

BUZZ-Kering jumps after BofA double upgrade on improving brand heat at Gucci ** Shares in Kering PRTP.PA jump around 6% to two-month highs after BofA Global Research double upgrades the luxury group to "buy" from "underperform", citing early sings of brand heat improvement at its crown jewel Gucci ** BofA notes that Gucci is trying to re-engage wit
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Admiral, Cucinelli, URW

EUROPE RESEARCH ROUNDUP-Admiral, Cucinelli, URW June 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Cucinelli and URW, on Thursday. HIGHLIGHTS * Admiral ADML.L : BofA Global Research raises to buy from neutral * Adriatic Metals Plc ADT1.L : Berenberg raises to buy from hold * Anglo American AAL.L : Berenberg cuts to sell from hold * Cucinelli BCU.MI : Stifel raises to buy from hold * URW URW.PA : JP Morgan raises to ne
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Burberry, Hill & Smith, Legal & General

EUROPE RESEARCH ROUNDUP-Burberry, Hill & Smith, Legal & General June 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Burberry, Hill & Smith and Legal & General, on Wednesday. HIGHLIGHTS * Burberry BRBY.L : RBC cuts target price to 1,100p from 1,200p * Future Plc FUTR.L : Jefferies raises to buy from underperform * Hill & Smith HILS.L : Jefferies raises target price to 2,340p from 2,320p * Legal & General LGEN.L : HSBC cuts to ho
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Admiral, Maersk, Raspberry PI

EUROPE RESEARCH ROUNDUP-Admiral, Maersk, Raspberry PI June 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Maersk and Raspberry, on Tuesday. HIGHLIGHTS * Admiral ADML.L : Berenberg raises to buy from hold; raises PT to 3,127p from 2,973p * Direct Line Insurance DLGD.L : Berenberg cuts to hold from buy * IMI Plc IMI.L : JP Morgan raises target price to 2,200p from 1,850p * Maersk MAERSKb.CO : Morgan Stanley raises target
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Dior nods to sports with jersey fabrics in Paris haute couture show

Dior nods to sports with jersey fabrics in Paris haute couture show By Mimosa Spencer PARIS, June 24 (Reuters) - Christian Dior designer Maria Grazia Chiuri nodded to sports with an haute couture runway show in Paris on Monday that featured jersey fabrics worked into draped, asymmetric gowns. Models in flat, gladiator sandals marched past colourful mosaics -- towering portraits of athletes in action, drawn from artwork by American artist Faith Ringgold -- and paraded flowing dresses, racer-backe
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Hochtief, Telenor, Zalando SE

EUROPE RESEARCH ROUNDUP-Hochtief, Telenor, Zalando SE June 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hochtief AG, Telenor and Zalando SE, on Monday. HIGHLIGHTS * Associated British Foods ABF.L : HSBC raises target price to 3,075p from 3,010p * Berkeley Group Holdings Plc BKGH.L : Morgan Stanley cuts PT to 4,369p from 4,516p * Hochtief AG HOTG.DE : Jefferies raises target price to EUR 124 from EUR 109 * Telenor TEL.OL : HSB
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