Consumer companies ticked down amid mixed earnings. Gucci owner Kering and other European luxury brands sold off following a lackluster earnings report from bellwether LVMH. Shares of Brinker ...
Consumer companies ticked down amid mixed earnings. Gucci owner Kering and other European luxury brands sold off following a lackluster earnings report from bellwether LVMH. Shares of Brinker ...
Gucci-owner Kering was down 6%. Hermes, which is seen as best-placed to weather downturns thanks to a wealthier customer base, was up 0.1%, close to record levels. While fourth-quarter sales from ...
In morning trading, LVMH shares were down 5.5% while Gucci-owner Kering was down 7.2%. Hermes, which is seen as best-placed to weather downturns thanks to a wealthier customer base, was down only ...
The designer, whose label was previously linked to LVMH's cross town rival, Gucci-owner Kering, surprised the fashion world when her namesake brand left Kering to team up with LVMH in 2019.
Gucci owner Kering had previously owned part of the brand before a stake was sold to LVMH. In a statement, the companies said: “This new chapter for Stella McCartney reflects her desire to write ...
Stella McCartney has bought back a stake in her fashion business from luxury clothing giant LVMH (Louis Vuitton Moet Hennessy). It is the latest stake sale by LVMH as it tackles a wider slowdown ...
The results pulled down rival luxury firms as well. Gucci owner Kering tumbled as much as 7.8%, while Moncler slid as much as 3.2%. The results in fashion and leather goods failed “to stand up ...