K
K

Kering


News

European stocks fall as luxury stocks feel pain from China's woes

* Umicore slips on cutting outlook * THG up after new corporate governance plan * LVMH, Kering lead luxury stocks lower * FTSE 100 falls from near 8-month high (Updates to close) By Anisha Sircar and Sruthi Shankar Oct 18 (Reuters) - European shares fell on Monday after weaker-than-expected growth data from China hit luxury stocks, while a relentle
G
H
K
L
U
G
E
F
U
B

European shares dip on inflation worries, weak China data

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Oct 18 (Reuters) - European shares opened lower on Monday, as surging commodity prices added to fears around a burgeoning energy crisis, while weak data from China kept concerns around slowing economic growth alive. The pan-European STOXX 60
K
G
E
F
U
B

Kering, Cartier launch environmental pact for watches, jewellery

PARIS, Oct 6 (Reuters) - French luxury group Kering PRTP.PA , Richemont's CFR.S Cartier, and the Responsible Jewellery Council have teamed up to set environmental targets for watches and jewellery activities, challenging labels in the industry to commit to them too. The move comes amid heightened scrutiny of environmental issues among consumers, es
H
I
K
L
R

Europe ends flat as miners, luxury stocks weigh; inflation optimism cools

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Miners, banks, luxury stocks lead declines * U.S. core consumer prices slow sharply in August * Pandora up after boosting earnings target, buyback * JD Sports jumps after profit surge By Shreyashi Sanyal Sept 14 (Reuters) - European stocks
B
J
K
L
R
G
E
F
U

How business travel may never be the same again

* Lufthansa sees business demand rise within Europe * U.S. spending seen at 65-80% pre-pandemic level by Q4 2022 * Firms consider cost, environment and employee wellbeing * Client meetings seen as most essential in person By Emma Thomasson and Silvia Aloisi BERLIN/MILAN, Sept 9 (Reuters) - Sylvia Burbery is delighted that she no longer spends most
K
L
L
Z

European stocks slip from recent highs, telecom deals in focus

* KPN leads gains after Deutsche Telekom unit sale * Meggitt tumbles as TransDigm drops bid * Traders await ECB meeting on Thursday (Updates to market close) By Sruthi Shankar and Ambar Warrick Sept 7 (Reuters) - European stocks ended lower on Tuesday as caution kicked in ahead of a European Central Bank meeting later this week, while focus turned
D
K
K
L
M
R
T
T
G
U
E
F
U
T

Inflation fears keep European stocks below record highs

* Hermes, Kering fall after HSBC cuts rating * Banks, miners, energy stocks among gainers * Euro zone business growth at 15-year high - PMI * Bank of Ireland falls as government to sell part of its stake By Sagarika Jaisinghani and Shreyashi Sanyal June 23 (Reuters) - European stocks remained below record highs on Wednesday as inflation worries ove
H
K
P
G
E
F
U

Ferrari flaunts its latest models on the catwalk

* Ferrari aiming to boost profits with brand extensions * Launching new fashion collection and restaurant By Giulio Piovaccari and Giulia Segreti MARANELLO, Italy, June 11 (Reuters) - Talk about fast fashion. Ferrari RACE.MI is racing through the gears to bring its Prancing Horse brand to the catwalk and fine dining in an attempt to woo wealthy cus
E
F
H
K
L
P
V

European shares hit record high on Airbus boost, Bayer hurt by Roundup ruling

* Mining stocks, banks were best performers * Airbus jumps on hiking jet output targets * Food and beverage stocks hurt by Tate & Lyle By Ambar Warrick and Shreyashi Sanyal May 27 (Reuters) - European shares closed at a record high on Thursday boosted by Airbus after the planemaker hiked its jet output targets, while German shares weakened after sh
A
B
H
K
P
T
G
E
F
U

In short, I like reflation

A look at the day ahead from Julien Ponthus. The testimony of Gamestop super-bull Keith Patrick Gill, aka Roaring Kitty, went instantly viral after it was published by the U.S. House Financial Services Committee last night. It contained the pithy phrase "In short, I like the stock" -- a reference to the popular sarcastic meme used on social network
G
K
N
R

Stocks pull back from record highs as big tech slides; yields retreat

* 10-year U.S. Treasury yields reach 1.33% before reversing course * MSCI world index falls 0.3% * Bitcoin climbs above $52,000 * Brent crude prices at 13-month high (Updates to U.S. close of trading) By Saqib Iqbal Ahmed NEW YORK, Feb 17 (Reuters) - A gauge of global equity markets pulled back on Wednesday from the record high hit in the previous
E
K
U
G
J
U
U
O
B

Watch those yields

A look at the day ahead from Danilo Masoni. The economic recovery narrative is gaining steam and with it, global bond yields. U.S. 10-year Treasury yields have topped 1.3% for the first time in nearly a year, as vaccination shots and the prospect of more stimulus push up inflation expectations. It's starting to make equity investors anxious -- stoc
K
N
R

German GDP downgrade and coronavirus worries hammer European stocks

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * German government cuts 2021 GDP forecast * Markets hit by worries of frothy valuation * Miners, banks, autos among top decliners * Fed expected to keep dovish stance (Updates to market close) By Sruthi Shankar Jan 27 (Reuters) - European s
K
L
G
E
F
U

European stocks head lower, LVMH shines after earnings

(Corrects to 'tally' from 'rally' in the fourth paragraph) Jan 27 (Reuters) - European stocks slid on Wednesday, weighed down by concerns about a slow economic recovery, while most investors kept to the sidelines ahead of the U.S. Federal Reserve's policy decision. The pan-European STOXX 600 index .STOXX dropped 0.4% in early trading, following los
K
L
G
E
F
U

Putting the green in greenback? ESG investors target corporate accounts

* Push to understand corporate social, environmental impact * Kering and Danone among companies experimenting * BlackRock, Calvert and others back Harvard project By Simon Jessop and Matthew Green LONDON, Dec 18 (Reuters) - Five years ago, many investors and executives would have politely told Jill Atkins to buzz off. Now they listen keenly when th
D
K

Kering Swiss watch brands cut staff by 25% after pandemic hits sales

ZURICH, Sept 7 (Reuters) - Kering-owned PRTP.PA Swiss watch brands Ulysse Nardin and Girard-Perregaux said on Monday they were cutting about 100 jobs, or a quarter of their total workforce, after sales were hit by the coronavirus crisis. The Swiss watch industry has seen demand collapse during the pandemic as stores around the world stayed closed f
K
L
R
S

Italy's artisans anxious as brands haggle to bridge luxury gap

* Hugo Boss, Max Mara ask for lower prices, suppliers say * Artisans say orders are drying up after the summer * Luxury goods sales forecast to fall by up to 35% this year By Silvia Ognibene and Silvia Aloisi FLORENCE/MILAN, June 26 (Reuters) - With unsold luxury handbags and clothing gathering dust in their workshops, Italy's artisans fear for the
H
K
L

Italy's artisans anxious as brands haggle to bridge luxury gap

* Hugo Boss, Max Mara ask for lower prices, suppliers say * Artisans say orders are drying up after the summer * Luxury goods sales forecast to fall by up to 35% this year By Silvia Ognibene and Silvia Aloisi FLORENCE/MILAN, June 26 (Reuters) - With unsold luxury handbags and clothing gathering dust in their workshops, Italy's artisans fear for the
H
K
L

British Business - June 17

June 17 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Stephen Jones has stepped down as the chief executive of UK Finance over derogatory comments he made about the financier Amanda Staveley 12 years ago when he was a banker
A
B
K

Italy's Intesa Sanpaolo to boost financing for Gucci supply chain

MILAN, May 28 (Reuters) - Italy's biggest retail bank Intesa Sanpaolo ISP.MI has signed an accord with Gucci to ease financing for the small businesses that supply the Florentine luxury goods group owned by France's Kering PRTP.PA . Italy is home to thousands of artisans in the leather, textile and jewellery sectors that supply big luxury brands wh
K



Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.