Kering SA

Kering SA engages in the design, manufacture, marketing, and retail of luxury apparel and accessories. The firm offers apparel, leather goods, shoes, watches, jewelry, perfumes and cosmetics products. It operates through the following segments: Gucci, Yves Saint Laurent, Bottega Veneta, Other Houses, and Kering Eyewear and Corporate. The company was founded in 1963 and is headquartered in Paris, France.

Analysts and investors are starting to worry about the luxury brand industry, making it a good time to take a closer look. Luxury brands trade at high valuations due to strong demand, good margins, strong brands, and pricing power. Kering SA presents a great deal for value investors in the luxury brand industry.

Kering SA: Premium Brands At Discounted Prices

LVMH Moet Hennessy Louis Vuitton

Luxury goods stocks have nosedived as growth in key markets like China, the European Union, and the United States slows. LVMH stock price crashed to a low of €659.6 this week, down by more than 24% from the highest level this year.

Kering, LVMH, Hermes stock prices have slipped: buy the dip?

Luxury group Kering reported a 9% decline in revenue on a comparable basis in the third quarter, attributing the drop to macroeconomic conditions and its own changes in distribution.

Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue

Kering - Press release - Third quarter 2023 revenue

Kering: Third quarter 2023 revenue

Press Release - Kering Beauté completes the acquisition of Creed_17 10 2023

Press Release: Kering Beauté completes the acquisition of Creed

As Sarah Burton Leaves Alexander McQueen, so does any diversity among the heads of Kering's many fashion houses.

Kering's Creative Directors Are Now All White Men—Sparking Criticism From Some Industry Insiders

Kering acquired a 30% stake in Valentino and the high-end French fragrance label Creed. De Sarno's first Milanese show was mixed, but we believe that "Gucci is here to Stay." The company delivered solid H1 results and trades at a remarkable discount vs. peers. Proactive M&A strategy and execution are two catalysts to be closely monitored. Our buy is confirmed.

Kering: Encouraging Changes

Kering's first half results show slow top-line growth and several organizational changes, but also reinforced M&A. The debut of Gucci's new creative director was a promising success, enhancing the brand's prospects. The bearish market sentiment combined with current uncertainty makes Kering a compelling investment opportunity.

Kering: Finally, A Compelling Investment Opportunity (Rating Upgrade)

Kering's management shakeup and focus on accelerating Gucci's growth is a promising sign for the company's future. The introduction of new creative designer Sabato De Sarno and planned brand initiatives indicate potential for accelerated growth. Investors should lower expectations for margin expansion in the short term but raise optimism about future earnings growth.

Kering: New Management Team Focus On Gucci Growth Is Encouraging

FOUR - TRANCHE BOND ISSUE  FOR A TOTAL AMOUNT OF EUR 3.8 BILLION

Kering - Four-tranche bond issue for a total amount of EUR 3.8 billion

American Eagle Outfitters

Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either American Eagle Outfitters (AEO) or Kering SA (PPRUY). But which of these two stocks offers value investors a better bang for their buck right now?

AEO vs. PPRUY: Which Stock Should Value Investors Buy Now?

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Tapestry

Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion.﻿﻿ Here are some of the lesser known parent brands of the world's biggest luxury brands.

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The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed.

Gucci-Owner Kering Buys Stake in Valentino

Press release_Availability of the 2023 first half report_Kering

Kering: Availability of the 2023 First-half report for the period ended June 30, 2023

Kering: 2023 First-half report

Press Release - Kering becomes a shareholder of Valentino 27 07 2023

Kering: KERING AND MAYHOOLA ANNOUNCE THAT KERING BECOMES A SIGNIFICANT SHAREHOLDER OF VALENTINO AS PART OF A BROADER STRATEGIC PARTNERSHIP

PRESS RELEASE   July 27, 2023         FIRST-HALF 2023 RESULTS Group revenue: €10,135 million, up 2% as reported and on a comparable basis Recurring operating income: €2,739 million Net income attributable to the Group: €1,785 million "In the first half, we pursued our investments in our H ouses' desirability and exclusivity. While engaging in critical forward-looking initiatives, we maintained a high level of profitability.

Kering: First-half 2023 results

Luxury giants LVMH, Moncler and Kering will be posting first-half results this week, with outlook and performance in China as the key theme according to Deutsche Bank. Analysts at the British arm of the German bank noted that the extent of underlying demand in China after restrictions were eased is one of the key debates for all three companies.

China demand to dominate LVMH, Moncler and Kering's first half

The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury goods.

Gucci CEO to step down as parent company chases the global luxury boom

Press release - Kering strengthens governance and operations 18 07 23

Kering strengthens Governance and Operations

Press release - Appointment of Maureen Chiquet to the Board 18 07 23

Kering: Appointment of Maureen Chiquet to the Board of Directors

Kering - Statement Number of Shares and voting rights - 07.15.2023

Kering: Statement in compliance with article 223-16 of the General Regulation of the French Financial Markets Authority (AMF – Autorité des Marchés Financiers) (July 2023)

Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Tapestry (TPR) and Kering SA (PPRUY). But which of these two stocks offers value investors a better bang for their buck right now?

TPR vs. PPRUY: Which Stock Is the Better Value Option?

PRESS RELEASE   July 4, 2023 HALF-YEARLY ACHIEVEMENT REPORT ON KERING SHARE QUOTATIONS LIQUIDITY MANDATE Pursuant to the liquidity mandate granted by Kering to Rothschild Martin Maurel, the following assets appeared on the liquidity account as of June 30th, 2023: 1,000 shares €24,806,311 Number of executions on buy side during the semester: 5,245Number of executions on sell side during the semester: 6,111Traded volume on buy side during the semester: 177,685 shares for 97,634,309.51 €Traded volume on sell side during the semester: 176,685 shares for 97,161,895.15 € As a reminder, the following assets appeared on the liquidity account as of December 31st, 2022: 0 share €24,937,031 Number of executions on buy side during the semester: 5,298Number of executions on sell side during the semester: 5,014Traded volume on buy side during the semester: 90,596 shares for 45,871,487.23 €Traded volume on sell side during the semester: 91,346 shares for 46,228,608.35 € About Kering A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni , Boucheron, Pomellato, DoDo , Qeelin, as well as Kering Eyewear and Kering Beauté . By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow's Luxury in a sustainable and responsible way.

News for Kering SA Stock (PPRUY)