European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes that the high-end sector is finally recovering from a slump caused by weak ...

Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...

In a report released today, Adam Cochrane from Deutsche Bank maintained a Buy rating on Kering SA (0IIH – Research Report), with a price ...

UBS analyst Zuzanna Pusz maintained a Hold rating on Kering SA (0IIH – Research Report) today and set a price target of €228.00. The company’s ...

Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties ...

ZURICH (Reuters) -Richemont, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down ...

Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...

The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year. Inflation ticked higher overall, but stocks ...

The deal valued at 837 million euros will give Kering a cash infusion as it seeks to shore up its balance sheet.

The French group said it will receive net proceeds of €837 million. Kering will retain 40% of the ownership in the prime real ...

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Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal ...