Kering reported first-half revenue of 7.22 billion euros on July 28, up 1% year on year on a comparable basis, with second-quarter revenue rising 2% to 3.652 billion euros, its first quarterly growth in three years, according to 36Kr. Gucci revenue fell 2% in the second quarter, narrowing from a 8…
Revenue grew 1% on a comparable basis in H1 2026, with Q2 marking a return to growth after 12 quarters. Profitability improved, net debt was reduced by €4.7bn, and strong momentum was seen in jewelry and eyewear. Guidance for growth and higher margins in 2026 is confirmed.Based on Kering SA [KER] Q…
KERING_Press release -Availability of the 2026 First-half reportAVAILABILITY OF THE 2026 FIRST-HALF REPORTKering has made its First-Half Report for the period ending June 30, 2026, accessible to the public on its website under the Finance section (https://www.kering.com/en/finance/).About KeringKer…
Revenue grew 1% on a comparable basis to €7.2bn, with strong gains in Jewelry and Eyewear offsetting softness in Fashion & Leather Goods. Cost discipline and network rationalization improved margins, while free cash flow and net debt positions strengthened.Original document: Kering SA [KER] Slides…
Revenue returned to growth in H1 2026, with sequential improvement and strong cash flow, despite a challenging macro environment. Gucci and Jewelry segments showed notable acceleration, while net debt was significantly reduced through asset sales and operational discipline.Original document: Kering…
Kering - H1 26 - Press Release - 28 07 262026 FIRST-HALF RESULTS:BACK TO GROWTH,PERFORMANCE IMPROVEMENT &STRATEGY EXECUTION ON TRACKFirst-half revenue at €7,220 million, +1% on a comparable basisSequential improvement with Q2 revenue at €3,652 million,+2% on a comparable basiswith a marked accelera…
Japanese consumers are driving luxury jewelry sales to record levels as the weaker yen and higher living costs encourage shoppers to place more of their money into products they may view as stores of value. Sales of gems, precious metals and artwork at Japan's department stores increased 19% year o…
Kering - Press release - Romain Spitzer appointed Chief Executive Officer of Bottega VenetaROMAIN SPITZER APPOINTEDCHIEF EXECUTIVE OFFICER OF BOTTEGA VENETAKering is pleased to announce the appointment of Romain Spitzer as Chief Executive Officer of Bottega Veneta, effective September 1, 2026. Repo…
Press release - Kering announces exclusive beauty agreement between Gucci and L'Oreal - 07 07 26KERING ANNOUNCES THAT GUCCI AND L’ORÉAL HAVE ENTERED INTO A 50-YEAR EXCLUSIVE BEAUTY LICENSE AGREEMENT, ONE YEAR AHEAD OF SCHEDULEThis new milestone is in line with the Beauty and Wellness alliance estab…
Italian fashion house Valentino is planning to sell a €450 million ($514 million) bond by the end of August to refinance existing bank debt, according to a corporate filing.Revenues and earnings at the Italian luxury group declined further last year, prompting shareholders Mayhoola and French luxur…
UBS kept a neutral stance on Kering (EURONEXT:KER), saying the luxury group must demonstrate cost cuts and a clearer Gucci recovery ahead of 2Q results even as shares rose about 2.6% to €252.10; Rothschild has taken over Kering’s Euronext liquidity contract with no change to terms or resources.Prev…
