ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Kering shares surge as Gucci sales rebound on new collection
Bloomberg Kering SA shares rose the most since 2020 after sales at Gucci, the luxury group’s biggest brand, blew past pre-pandemic levels on demand for its latest collection. A 32% jump in comparable revenue at Gucci during the fourth quarter was almost twice the increase analysts expected. The stock rose as much as 7.9%. Kering’s results provide more evidence …
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