Kering SA (PRTP.PA)
Latest Key Developments (Source: Significant Developments)
Kering SA:Belgian designer Anthony Vaccarello to replace Slimane at Yves Saint Laurent.Kering to announce appointment of Vaccarello at Yves Saint Laurent as early as on Monday. Full Article
Kering SA:Board of directors of 16 December 2015 has decided to distribute an interim dividend of 1.50 euro per share for the financial year 2015.This interim dividend will be paid on 25 January 2016.The ex-dividend date will be 21 January 2016. Full Article
Kering SA:Reaches agreement with investment group Investindustrial for the sale of 100 percent of Italian luxury shoemaker Sergio Rossi.Deal includes Sergio Rossi's industrial assets, rights attached to its brand and the entire distribution network.Financial terms were not disclosed. Full Article
Puma SE:Puma and Kering eyewear, a company of Puma's majority shareholder Kering, have signed an eyewear partnership agreement for optical frames and sunglasses, fully effective January 2016.License agreement with Puma's current partner for the production and distribution of optical frames and sunglasses charmant will terminate at the same time. Full Article
Kering SA:Pierre Bouissou will be leaving his position as Boucheron president and CEO, effective April 27 to follow new professional challenges outside Kering group.Name of Pierre Bouissou successor to be announced in due course. Full Article
PARIS French luxury goods group Hermes said it had started this year on a solid footing after announcing record 2016 profits on Wednesday, providing further evidence of a broader recovery in the luxury goods industry.