Kering, Credit Suisse earnings fail to boost European shares

Apr 25 2018

European shares declined in early deals as worries over rising bond yields trumped a slew of well-received earnings updates from Kering and Credit Suisse.

Kering shares hit record high after luxury group's strong Q1 figures

Apr 25 2018

Kering shares rose to record highs on Wednesday after booming first quarter sales growth at the French luxury company.

German's Puma sets 2022 targets to lift profits and sales

Mar 20 2018

Puma outlined new mid-term targets, expecting to lift currency-adjusted sales by around 10% a year up to 2022 and raise its operating profit margin to about 10%.

Burberry pairs up with e-retailer Farfetch in online push

Feb 15 2018

Burberry will team up with Farfetch to make all of its products available to internet shoppers in 150 countries, the British fashion company said.

European shares edge down despite recovery in Wall Street, Asia

Feb 13 2018

The pan-European STOXX 600 index was down 0.2 percent by 0830 GMT with most bourses and sectors flat or in negative territory.

LVMH shares climb on back of upbeat outlook and solid results

Jan 26 2018

Shares in LVMH, the world’s biggest luxury goods group, rose after the company reported higher sales and profits and said it had made a favourable start to 2018.

Puma shares slump as luxury group Kering plans spin-off

Jan 12 2018

Puma shares slumped 14 percent, with some traders mentioning broker downgrades to the stock following the deal.

Dealmaking drives sharp moves as European shares recover

Jan 12 2018

A gain of around 20 percent in GKN and strength in the auto sector drove the STOXX 600 index up 0.1% by 0814 GMT.

Puma CEO says has no plans to take on other brands

Jan 12 2018

Puma has no plans to take on other brands such as Kering’s (PRTP.PA) Volcom for the moment, the German sports brand’s chief executive said.

Gucci revival, YSL drive surge in Kering first-quarter sales

Apr 26 2017

French luxury group Kering delivered a record 28.6 percent increase in first-quarter comparable sales on Tuesday, beating market expectations.

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