$KER-FR News

Last published 3mo ago

3mo ago.STOXX SOI-FR AUS-FF AB2A-FF+11The Stoxx 600 just hit a record high – here's what's driving the pan-European indexCNBCEurope's headline index is up 10% in 2026 so far, but below the surface, the sectoral picture is far more nuanced.
5mo agoMC-FR KER-FR RMS-FR CFR-CH+1Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up almost 5%CNBCLuxury stocks have been hard hit by the Iran war, as the Middle East had been a fast-growing market for the otherwise largely muted sector.
5mo agoBC-IT MC-FR KER-FR'King of Cashmere' CEO on outperforming the luxury slowdown: Don't be greedyCNBCBrunello Cucinelli's success is tied to its ethos of choosing long-term integrity over short-term margin chasing, CEO Riccardo Stefanelli told CNBC.
5mo agoKER-FR PNDRY HMRZF BC-ITWhy fashion is doubling down on sustainability even as value-seeking shoppers ignore the pitchCNBCA strange paradox has taken hold of the global fashion industry.
6mo agoMONC-IT MC-FR KER-FR RMS-FRMoncler shares struggle despite defying luxury's Middle East slumpCNBCMoncler earnings 'smashes' expectations following a series of underwhelming reports from European luxury players last week.
6mo agoKER-FRKering looks to double profits as it unveils ambitious turnaround plan to revive GucciCNBCThe "ReconKering" strategy announced Thursday includes more than doubling its 2025 recurring operating margin of 11.1%.
7mo agoKER-FRKering stock slumps 6% after Gucci sales drop, Iran war weighs on earningsCNBCWhile results underwhelmed, investors' attention is firmly on the company's Capital Markets Day Thursday, where CEO de Meo will present a new strategic roadmap.
9mo agoKER-FR MC-FR OR-FRGucci-owner Kering jumps 13% as new CEO maps revival, sales beats estimatesCNBCThe luxury group said it sees a return to growth this year even as it posted another quarter of sales declines.
9mo agoORCL MSFT .SPX .IXIC+9CNBC Daily Open: U.S. markets rise on tech rebound, while 'Takaichi trade' lifts Japanese stocksCNBCU.S. markets closed higher overnight as Big Tech stocks mostly rebounded, with Oracle jumping 9.6% and Microsoft advancing 3.1%.
1y agoINTC .SPX .STOXX KER-FRCNBC Daily Open: U.S.' 4-year economic plan, with a Trump twist?CNBCTrump's dealings and proclivity for acquiring stakes in U.S. companies has very faint echoes of China's developmental agenda meeting.
1y agoKER-FR BC-IT RMS-FR MC-FR+3'Loud luxury' is back as high-end brands look to reboundCNBCThe sartorial shake-up could herald a new era of large logos, bold branding and distinctive designs dominating catwalks to high streets.
1y agoCFR-CH JPY MC-FR KER-FRYen weakness finally subdues luxury splurge at Cartier-owner RichemontCNBCThe Swiss luxury group's Japan sales declined 15% year-on-year in the fiscal first-quarter.
1y agoKER-FR TM VOW3-DEShares of Gucci-owner Kering pop 10% on reports Renault's de Meo to be next CEOCNBCKering shares soared in early trade as investors and analysts cheered reports that industry outsider Luca de Meo was set to become group CEO.
1y agoGOOS-CA GOOS LVMHF KER-FRCanada Goose beats estimates, pulls full-year guidance on 'macroeconomic uncertainty'CNBCShares of Canada Goose rose nearly 8% after the company reported fiscal fourth-quarter earnings that beat analysts' estimates.
1y agoCFR-CH MC-FR KER-FRWealthy shoppers are splashing the cash on jewelry — so long as it's the right brandCNBCThe world's wealthiest are continuing to adorn themselves with the finest jewelry even as broader luxury shoppers pull back.
1y agoRMS-FR MC-FR KER-FR CFR-CH+1Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loomCNBCThe sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.
1y agoKER-FRKering slightly beats fourth-quarter forecasts but sales at embattled Gucci brand plunge 24%CNBCFrench luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.
1y agoMC-FR BRBY-GB KER-FR CFR-CHLuxury goods market to shrink for first time since the 2008 financial crash, research findsCNBCThe personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.
2y agoRMS-FR MC-FR CFR-CH KER-FRHow Hermès is bucking the global luxury slowdownCNBCParis-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.
2y agoBRBY-GB .FTSE BOSS-DE KER-FR+1British luxury icon Burberry falls out of financial fashion with FTSE relegationCNBCBritish luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 amid mounting pressure on the 168-year-old retailer.
2y agoRACE-IT RMS-FR MC-FR KER-FR+3The five secrets to Ferrari’s success as a luxury brandCNBCThis year, Ferrari for the first time surpassed Hermès as the most valuable luxury company in the world as measured by stock multiple.
2y agoRMS-FR BC-IT CFR-CH UHR-CH+4How 'quiet luxury' is subtly taking over investor portfoliosCNBCQuiet luxury was one of last year's biggest viral fashion trends, but unlike other short-lived fads, this one has made its way into investor portfolios.
4y agoWSM RBLX KER-FRWilliams-Sonoma will soon launch a collaboration with Roblox, says the home retailer's CEOCNBCWilliams-Sonoma CEO Laura Albert told CNBC's Jim Cramer the home retailer is partnering with Roblox to bring its West Elm brand into the digital world.
6y agoMC-FR KER-FR'Revenge spending' by the rich could drive luxury recoveryCNBCPent-up demand is driving a luxury rebound in China. But globally, the spending of the rich is likely to change dramatically after the crisis.
6y agoNKE LULU AMZN SBUX+13Teen spending takes a dive: Guys splurge on footwear, while a natural look for girls hurts makeup salesCNBCWhile Gen Z's total spending is down sharply, when they do go shopping, brands like Nike, Lululemon and Amazon are top on the list. Often, that's after they've stopped at Chik-fil-A or Starbucks to fuel up.
6y agoKER-FRGucci parent Kering closes half of China stores, takes sales hit from coronavirusCNBCGucci owner Kering SA has seen a negative impact on sales from the coronavirus, its CEO said Wednesday.