Kering stock analysis: Shareholder confidence despite profit drop
The price per share at the time of writing was 220.35 euros (Wednesday, July 30, 10:30am GMT+2). The most recent high in Kering's share price was on February 17, 2025. At that time, the price per share on the French stock exchange reached 280 euros.
Kering is particularly affected by the issues at fashion brand Gucci. The Italian brand represents almost half of the group's revenue and almost two-thirds of its operating profit. However, Gucci has seen its results decline steadily in recent seasons. In the second quarter, revenue fell by 27 percent. This article was translated to English using an AI tool.
FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@fashionunited.com
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