Kering SA (PRTP.PA)
24 Feb 2017
Fri, Feb 10 2017
* Bottega Veneta to stabilise sales in 2017, more growth at Gucci (Adds CEO, deputy CEO comments from news conference, analyst)
Feb 10 Kering Chairman and CEO Francois-Henri Pinault tells a news conference:
PARIS, Feb 10 French luxury and sports brand group Kering reported a forecast beating rise in 2016 profit on Friday, reflecting the successful revival of its biggest brand, Italy's Gucci.
PARIS Outgoing Balenciaga boss Isabelle Guichot, who was expected to remain with parent Kering, has reached an agreement to leave the French luxury and sports group, market sources told Reuters.
(Story corrects second paragraph to show case concerns access to information regarding Yves Saint Laurent, not GG France Holding)
PARIS, Nov 4 Former Yves Saint Laurent star designer Hedi Slimane won a court ruling in his favour on Friday regarding his ongoing legal battle against previous employer Kering.
PARIS Shares in Kering surged to a 15-year high on Wednesday after flagship brand Gucci reported double-digit quarterly sales growth for the first time since 2012, sealing a much faster than expected turnaround.
PARIS, Oct 26 Shares in Kering surged to a 15-year high on Wednesday after flagship brand Gucci reported double-digit quarterly sales growth for the first time since 2012, sealing a much faster than expected turnaround.
PARIS Italian fashion brand Gucci confirmed its turnaround with a 17 percent rise in third-quarter comparable sales, helping make up for a 10.9 percent sales drop at sister brand Bottega Veneta, parent Kering said on Tuesday.