kering

 

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.

European shares slip slightly, Kering charges to record highs

Apr 26 2017

European shares pulled back slightly from 20-month highs as some disappointing corporate results weighed.

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Stocks In News

 

ULTRATECH CEMENT

Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst

IRB INFRA

4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years

BALAJI AMINES

Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey

ADANI TRANSMISSION

Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations

FORTIS HEALTHCARE

To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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