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Kering


News

Kering Adjusts Exchange Price Of Bonds Due 2022

May 12 (Reuters) - Kering SA PRTP.PA : * REG-KERING - NOTICE TO HOLDERS OF THE EUR 550,000,000 BONDS DUE 2022 ISSUED BY KERING (THE “ISSUER”) AND EXCHANGEABLE INTO EXISTING ORDINARY SHARES OF PUMA (THE “BONDS”) (ISIN: FR0013450483) * CALCULATION AGENT HAS DETERMINED THAT EXCHANGE PRICE IS ADJUSTED FROM EUR 92.17 TO EUR 91.8292, EFFECTIVE MA
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China COVID hard line eats into everything from Teslas to tacos

SHANGHAI, May 2 (Reuters) - When Tesla's TSLA.O Shanghai plant and other auto factories were shut over the last two months by emergency measures to control China’s biggest COVID-19 outbreak, the burning question was how quickly they could restart to meet surging demand. But with the Shanghai lockdown grinding into its fourth week, and similar mea
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Kering Issues Bonds Worth 1.5 Bln Eur

April 28 (Reuters) - Kering SA PRTP.PA : * KERING - DUAL-TRANCHE BOND ISSUE FOR A TOTAL AMOUNT OF 1.5 BILLION EUROS * KERING - ISSUED EUR 750 MILLION TRANCHE WITH A 3 YEAR MATURITY AND A 1.25% COUPON * KERING - ISSUED EUR 750 MILLION TRANCHE WITH A 8 YEAR MATURITY AND A 1.875% COUPON * KERING - ISSUE, IN LINE WITH THE GROUP’S ACTIVE LIQUIDITY MAN
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European shares firm after ECB stands pat on policy

(There will be no European market report on Friday and Monday on account of Good Friday and Easter. Reuters will resume coverage on Tuesday, April 19.) * ECB confirms plans to end stimulus; gradual rate hikes eyed in Q3 * STOXX 600 rises 0.7% * Volkswagen down on glum outlook * Tech stocks underperform By Anisha Sircar and Sruthi Shankar April 14 (
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Mixed earnings cap gains in European shares ahead of ECB decision

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) April 14 (Reuters) - European shares held steady on Thursday after a mixed batch of earnings, while investors waited to hear from the European Central Bank amid risks to economic growth from rising inflation. The pan-European STOXX 600 index
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European stocks fall as healthcare and banking sectors suffer losses

* Deutsche Bank slumps after stake sale * Leonardo up on Deutsche upgrade * U.S. consumer prices accelerate in March By Sruthi Shankar and Anisha Sircar April 12 (Reuters) - European shares fell on Tuesday as Deutsche Bank and Commerzbank slumped after a big stake sale, while a U.S. reading on inflation kept aggressive Federal Reserve tightening be
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European stocks hit near 1-week low on global worries

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) April 12 (Reuters) - European shares on Tuesday fell to their lowest in nearly a week on growing worries about rising inflation, a surge in coronavirus infections in China and the fallout of the prolonged war in Ukraine. The pan-European STO
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European stocks drop as Russia-Ukraine tensions escalate

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Banks, travel stocks tumble * Kering jumps on strong sales * Continental up on report of splitting business (Updates to close) By Sruthi Shankar and Shashank Nayar Feb 17 (Reuters) - European shares fell on Thursday as heightened Russia-Uk
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Strong earnings boost European shares amid Ukraine concerns

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Feb 17 (Reuters) - European shares rose on Thursday as a slew of strong earnings from companies such as Airbus, Kering and Commerzbank lifted risk appetite, helping offset investor concerns over fresh tensions surrounding Ukraine. The pan-Eu
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European stocks extend record rally after Xi-Biden talks, Prosus, Kering boost

* STOXX 600 hits another all-time-high * Kering boosts European retail sector * Vodafone earnings boost telecom stocks By Shreyashi Sanyal Nov 16 (Reuters) - Some European stock indexes extended their record rally on Tuesday, boosted by shares of Dutch technology investor Prosus and French luxury group Kering and lifted by optimism over easing in U
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European stocks hit 6-week highs as Nestle shines in mixed bag of earnings

* STOXX 600 up 0.3%, oil stocks track crude higher * Kering slides as Gucci sales lose sparkle * Nestle's 2.7% jump boosts food & beverage stocks * Recovery in euro area has further to run - TS Lombard (Updates to close) By Anisha Sircar and Susan Mathew Oct 20 (Reuters) - European shares closed at six-week highs on Wednesday as strong results from
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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
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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
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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
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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
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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
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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
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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
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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
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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
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