Kering first-half 2026 revenue up 1% on comparable basis
Recurring operating margin improved to 12.8%, net debt reduced by €4.7 billion, and Gucci saw strong sequential acceleration.
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French multinational luxury goods group
kering.comLast updated
In short: Kering saw shares surge following better-than-expected Q2 2026 results and signs of a strategic turnaround for its flagship brand, Gucci.
Recurring operating margin improved to 12.8%, net debt reduced by €4.7 billion, and Gucci saw strong sequential acceleration.
Spitzer brings over 30 years luxury experience, effective September 1, 2026. He reports to CEO Luca de Meo and joins the Executive Committee.
The agreement accelerates the redemption of the existing Coty license, with L'Oréal covering transition costs, and is expected to become effective in mid-2027.
It covers strategies, programs, and measurable results against science-based targets over the decade.
The leading European stock exchanges closed mixed on Wednesday after earnings-driven trading. The broad Stoxx 600 index fell 0.4 percent.
By Purvi Agarwal and Tharuniyaa Lakshmi July 29 (Reuters) - European shares slipped in choppy trading on Wednesday, even after robust results from Kering, as...
Hermès stock plunges due to disappointing sales in China. Conversely, Kering jumps in hopes of a turnaround for its flagship brand Gucci.
PARIS (Agefi-Dow Jones)--The luxury group Kering surges after disclosing on Tuesday evening a smaller-than-expected quarterly decline in Gucci sales and...
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