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Kering shares tumble after weak H2 forecast
Reuters via Yahoo Singapore Finance· 2 days agoPARIS (Reuters) -Shares in Gucci owner Kering fell sharply in early trade on Thursday after the French luxury goods group reported a bigger-than-expected...
Kering's Half-Year Results Are Bleak
Fashionista via Yahoo Singapore Finance· 2 days agoIn its first-half results for 2024, the Gucci, Bottega Veneta and Saint Laurent owner reported that group revenue was down 11%, to €9.0 billion. Net...
Gucci-owner Kering alerts on profits as earnings tumble
AFP News via Yahoo Singapore Finance· 3 days agoLuxury group Kering said Wednesday that its half-year net profit fell by half and warned operating...
Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
Reuters via Yahoo Singapore Finance· 3 days agoPARIS (Reuters) -Kering reported a bigger-than-expected drop in second-quarter sales and forecast a...
Gucci owner Kering stock down on weak earnings
Investing.com via Yahoo Singapore Finance· 2 days agoLuxury conglomerate Kering (EPA:PRTP), best known for its Gucci brand, saw its shares tumble on Thursday after reporting a disappointing set of second-quarter results. The ...
Birkin handbag maker Hermes outshines rivals with big sales jump
Reuters via Yahoo Singapore Finance· 2 days agoThe French group's results stand out after a string of disappointing earnings updates from rivals -...
Snoop Dogg, Salma Hayek Among Stars Carrying Olympic Torch in Paris
Variety via Yahoo News Singapore· 4 days agoSnoop Dogg and Salma Hayek are among the stars set to carry the Olympic torch as the Games prepare...
Luxury brands suffer as Chinese shoppers hold back
BBC via Yahoo Singapore Finance· 3 days agoSwatch Group - the Swiss watchmaker which owns Blancpain, Longines and Omega - said weak demand in China... and the UK. Other major luxury goods industry...
US stocks waver, extending tech-led selloff
AFP News via Yahoo News Singapore· 2 days agoWall Street stocks mostly slipped Thursday despite robust US economic growth that briefly boosted sentiment, while European markets wavered following a...
LVMH shares drop after missing second-quarter estimates
Reuters via Yahoo Singapore Finance· 3 days agoThe world's biggest luxury group said late Tuesday its quarterly sales rose 1% year on year to 20.98...
