News for Kering SA (PPRUY)

(Bloomberg) -- Investors expect automakers and luxury goods makers to lead a relief rally in European stocks when the market reopens on Monday, after the US and European Union agreed to a trade deal. Most Read from BloombergThe High Costs of Trump’s ‘Big Beautiful’ New Car Loan DeductionCan This Bridge Ease the Troubled US-Canadian Relationship?Trump Administration Sues NYC Over Sanctuary City PolicyThe pact, which will see the bloc face 15% tariffs on most of its exports including autos, was an

For a decade, a Chinese tailor toiled in a three-story building on the outskirts of Milan, working 13 hours a day making high-end garments for brands including Italian cashmere label Loro Piana.

Deutsche Bank has revised its price target for Kering (PPRUY), adjusting it downward from EUR 177 to EUR 170. Despite this adjustment, the bank maintains its Ho

Renault is in the process of selecting a new CEO following the announcement that Luca de Meo will be leaving the company to explore opportunities beyond the aut

While fixing French carmaker Renault SA, Chief Executive Officer Luca de Meo pursued a hobby that would feed into his next job as CEO of Kering SA: A taste for the finer things in life, particularly Swiss watches.

Shares of Kering SA, the Gucci owner, were gaining around 11 percent in the Paris trading after media reported that the French luxury group is set to appoint Luca de Meo, the Chief Excutive Officer of French car major Renault SA, as its new Chief.

Luca de Meo, previously at the helm of Renault, is set to take over as the CEO of Kering (PPRUY), the luxury powerhouse that owns Gucci. De Meo's transition mar

Kering SA is set to name the chief executive officer of Renault SA as its next CEO, looking to an Italian manager who’s turned around the French automaker to perform a similar role at the owner of the struggling Gucci fashion label.

Ultra-luxury is losing its luster — and mid-tier competitors are capitalizing.

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Morgan Stanley has adjusted its outlook for Kering (PPRUY), as analyst Edouard Aubin revised the firm's price target for the luxury goods company. The target ha

LVMH shares dropped after the luxury group published weaker-than-expected sales, weighed down by sluggish demand for high-end goods in China and the US and the threat of a trade war.

Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known brands. The Milan-based company, controlled by billionaire designer Miuccia Prada and her husband Patrizio Bertelli, is buying Versace from Capri Holdings Ltd., which paid €1.8 billion ($2 billion) for the brand in 2018.

Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known brands.

Prada buys Versace for $1.38 billion, enhancing its position in the luxury fashion industry.

Data from financial technology and software provider Hazeltree highlights investor skepticism about technology stocks and the sector's resilience, and offers early insights into risks and possible opportunities.

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Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic director of its ailing Gucci fashion line.