http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Fri, 06 Feb 2026 11:05:59 -0500 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/Kering+stock+target+cut+at+Morgan+Stanley+as+Gucci+faces+slow+start+to+the+year/25959623.html <p>Investing.com -- Morgan Stanley lowered its price target on Kering to €315 from €370 in a note on Friday, citing a slower-than-expected start to 2026 for the luxury group and renewed concerns about Gucci’s turnaround prospects. </p> <p></p> <p dir="ltr">Analyst Edouard Aubin said “recent channel checks point to a more difficult start to the year than anticipated,” particularly for Gucci, which remains “the sentiment driver” for the group.</p> <p dir="ltr">Aubin noted that the rollout of new products under creative director Demna has increased market scrutiny, but January data suggest <span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name">Kering</span></span> and Gucci’s “relative underperformance may have widened again.” </p> <p dir="ltr">This comes despite Demna’s http://www.streetinsider.com/Investing/Kering+stock+target+cut+at+Morgan+Stanley+as+Gucci+faces+slow+start+to+the+year/25959623.html Fri, 06 Feb 2026 11:05:59 -0500 PRTP http://www.streetinsider.com/Investing/Gucci-owner+Kering+posts+revenue+decline+amid+turnaround+efforts/25487627.html <p>Investing.com -- Kering on Wednesday posted a third-quarter revenue decline, but saw signs of a sequential recovery across its luxury brands. The French luxury group is reducing debt and sharpening its focus on its core fashion brands.</p> <p>Group revenue in the third quarter of 2025 was €3.42 billion, down 10% as reported and 5% on a comparable basis. The drop included a 5% negative currency impact. <br /><br />Kering said the result marked a sharp improvement from a 15% comparable decline in the second quarter. Sales from the directly operated retail network fell 6%, while wholesale and other revenue was down 2%.</p> <p>“Kering’s third-quarter http://www.streetinsider.com/Investing/Gucci-owner+Kering+posts+revenue+decline+amid+turnaround+efforts/25487627.html Wed, 22 Oct 2025 12:34:00 -0500 PRTP http://www.streetinsider.com/General+News/Gucci-owner+Kering+posts+revenue+decline+amid+turnaround+efforts/25487627.html <p>Investing.com -- Kering on Wednesday posted a third-quarter revenue decline, but saw signs of a sequential recovery across its luxury brands. The French luxury group is reducing debt and sharpening its focus on its core fashion brands.</p> <p>Group revenue in the third quarter of 2025 was €3.42 billion, down 10% as reported and 5% on a comparable basis. The drop included a 5% negative currency impact. <br /><br />Kering said the result marked a sharp improvement from a 15% comparable decline in the second quarter. Sales from the directly operated retail network fell 6%, while wholesale and other revenue was down 2%.</p> <p>“Kering’s third-quarter http://www.streetinsider.com/General+News/Gucci-owner+Kering+posts+revenue+decline+amid+turnaround+efforts/25487627.html Wed, 22 Oct 2025 12:34:00 -0500 PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/General+News/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html <p>Investing.com -- Morgan Stanley has upgraded shares of LVMH and Kering to Overweight, making Kering its new top pick in the luxury sector, while downgrading Hermès and Prada to Equal-weight, citing a “creative supply shock” reshaping the industry.</p><p dir="ltr">In a note on Tuesday, the bank said “more Creative Directors are currently debuting at leading personal luxury goods brands than at any point in time over the past 30 years.” </p><p dir="ltr">According to Morgan Stanley, this “new burst of creativity” at houses such as Gucci, Bottega Veneta, and Dior has been well received at recent Milan and Paris fashion weeks, leading http://www.streetinsider.com/Investing/Morgan+Stanley+upgrades+LVMH+stock%2C+Kering+becomes+new+top+pick+in+luxury/25426891.html Tue, 07 Oct 2025 07:08:23 -0500 HESAF HESAY HRMS KERN LVMH LVMUY MCN PPRUY PRDSY PRTP http://www.streetinsider.com/Investing/Kering+Q2+revenue+falls+18%25+due+to+weak+retail%2C+wholesale+sales+and+tourism+slump/25113110.html <p>Investing.com -- On Tuesday, Kering reported a sharp 18% year-on-year decline in second-quarter revenue to €3.7 billion, slightly below the €3.96 billion consensus estimate from LSEG analysts. </p> <p dir="ltr">The drop was driven by broad-based weakness across its key fashion houses and a downturn in both retail and wholesale channels, compounded by declining tourism in key markets.</p> <p dir="ltr">On a comparable basis, revenue fell 15%, with a further 3% drag from unfavorable currency effects. </p> <p dir="ltr">Sales from Kering’s directly operated retail network dropped 16%, as North America and Asia-Pacific showed modest sequential improvement but Western Europe and Japan deteriorated, “mainly due to a sharp decline http://www.streetinsider.com/Investing/Kering+Q2+revenue+falls+18%25+due+to+weak+retail%2C+wholesale+sales+and+tourism+slump/25113110.html Tue, 29 Jul 2025 13:59:41 -0500 PPRUY PRTP http://www.streetinsider.com/Investing/Kering+Q2+revenue+falls+18%25+due+to+weak+retail%2C+wholesale+sales+and+tourism+slump/25113110.html <p>Investing.com -- On Tuesday, Kering reported a sharp 18% year-on-year decline in second-quarter revenue to €3.7 billion, slightly below the €3.96 billion consensus estimate from LSEG analysts. </p> <p dir="ltr">The drop was driven by broad-based weakness across its key fashion houses and a downturn in both retail and wholesale channels, compounded by declining tourism in key markets.</p> <p dir="ltr">On a comparable basis, revenue fell 15%, with a further 3% drag from unfavorable currency effects. </p> <p dir="ltr">Sales from Kering’s directly operated retail network dropped 16%, as North America and Asia-Pacific showed modest sequential improvement but Western Europe and Japan deteriorated, “mainly due to a sharp decline http://www.streetinsider.com/Investing/Kering+Q2+revenue+falls+18%25+due+to+weak+retail%2C+wholesale+sales+and+tourism+slump/25113110.html Tue, 29 Jul 2025 13:59:41 -0500 PPRUY PRTP