Rogerio Fujimori’s rating is based on a cautious outlook for Kering SA, in light of the anticipated challenges that the company’s key brand, Gucci, is facing. His analysis suggests that the ...
French fashion designer Kering SA slumped to a seven-year low on worries about demand in China, with the Gucci brand owner among the worst-hit stocks in the recent luxury-sector selloff. Kering ...
Gucci, which contributes 64% to Kering's EBIT for the fiscal year 2024 estimate, is currently undergoing a turnaround strategy. Goldman Sachs pointed out that the investments required for ...