Yet, with revenue of €5.4 billion in 2024, according to the Bloomberg consensus of analysts’ estimates, Prada is still about 30% smaller than Kering’s Gucci. Adding Versace, which is ...

Burberry, LVMH Among Luxury Stocks Jumping on News Shares of Burberry, the British maker of trench coats; LVMH, the maker of Louis Vuitton handbags and other luxury goods; Gucci owner Kering ...

Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties to French private equity firm Ardian SAS for €837 million (~$862 ...

Kering, the parent company of Gucci, has sold its stake in three prime real estate properties in Paris. The sale comes as Kering seeks to secure cash due to poor performance from its flagship ...

That address is across the square from where Kering is currently revamping an historical building for a new Gucci flagship as well. Two luxury buildings on Avenue Montaigne are also included in ...

Kering agreed to sell a stake in three prestigious Parisian real-estate assets to Ardian, setting up a joint venture with the private equity group. The French group—which owns Gucci, Yves Saint ...

That address is across the square from where Kering is currently revamping an historical building for a new Gucci flagship as well. Two luxury buildings on Avenue Montaigne are also included in the ...

Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal that will net the struggling owner of the Gucci fashion label €837 ...

It has also struggled to improve performance at Gucci, its biggest brand that accounts for half of group sales and two-thirds of profits. Kering issued profit warnings last year, a rarity for big ...