Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal ...
Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties ...
Luxury group Kering has signed an agreement with investment firm Ardian for the sale of 837 million euros worth of real ...
European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes ...
Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...
The deal valued at 837 million euros will give Kering a cash infusion as it seeks to shore up its balance sheet.
Christie’s named a new chief executive officer as part of a wider shakeup in the management of the billionaire Pinault family ...
The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands ...
European stocks closed on a positive note on Thursday with several major markets in the region rising to multi-month highs or new ...
French stocks are up in positive territory Thursday morning, lifted by strong gains in the luxury sector after French luxury goods ...
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 pound was at USD1.2241 late on Thursday in London, flat compared to USD1.2243 at the equities close on Wednesday. The euro stood at USD1.0305, higher against USD1.0293. Against the yen, the dollar ...