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GuruFocus - Full Year Revenue: EUR 17.2 billion, down 12% year-on-year.Recurring Operating Income: EUR 2.6 billion, with a margin of 14.9%.Free Cash Flow from Operations: EUR 1.4 billion, or EUR 3.6...
Kering (EPA:PRTP), the parent company of the luxury brand Gucci, conducted a conference call today to discuss its full-year financial results and provide insights into its future strategies. At...
Investing.com -- Kering (EPA:PRTP) shares jumped over 5% on Tuesday after the luxury goods group reported fourth-quarter revenue and earnings that beat analysts’ expectations, providing some...
Investing.com - In a significant shift within the fashion industry, Gucci has announced the conclusion of its partnership with Creative Director Sabato De Sarno. The luxury brand has confirmed that...
Investing.com -- Sabato de Sarno, the creative director of Gucci, is stepping down after a two-year tenure, as parent company Kering (EPA:PRTP) SA grapples with the Italian fashion label's...
Investing.com -- Shares of top luxury goods companies soared in European trading today, following a robust end-of-year sales report from Richemont (SIX:CFR), which owns the prestigious Cartier...
Investing.com - European stock markets ended mixed Friday, helped by gains in the luxury sector as investors digested the latest ECB interest rate cut as well as growth data from China, the world’s...
Investing.com - European luxury stocks surged Friday, rebounding after sharp losses earlier this week as investors begin to gain confidence that more stimulus will boost the Chinese economy, a major...
By Sruthi Shankar, Paolo Laudani and Johann M Cherian (Reuters) -European stocks settled lower on Tuesday, as a lack of fresh details over China's stimulus measures sparked a selloff in sectors...
By Pranav Kashyap (Reuters) -European shares traded on a positive note Tuesday, as China's sweeping stimulus measures boosted stocks of luxury companies and miners. The pan-European STOXX 600 index...
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