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Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%

French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid lagging demand for the Gucci label.

Published 11 February 2025
Categorised as Finance News

Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.

Published 11 February 2025
Categorised as Finance News

Kering shares pop 6% on fourth-quarter beat even as sales at embattled Gucci brand lag

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.

Published 11 February 2025
Categorised as Finance News

Kering shares pop 6% on fourth-quarter beat even as sales at embattled Gucci brand lag

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.

Published 11 February 2025
Categorised as Finance News

Italy’s UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank’s M&A overtures.

Published 11 February 2025
Categorised as Finance News

Italy’s UniCredit posts fourth-quarter profit beat, raises shareholder returns

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank’s M&A overtures.

Published 11 February 2025
Categorised as Finance News

BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek’s AI help

Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD’s founder and chairman Wang Chuanfu said.

Published 11 February 2025
Categorised as Finance News

BYD shares hit record high after rolling out EV driver assistance tech with DeepSeek’s AI help

Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD’s founder and chairman Wang Chuanfu said.

Published 11 February 2025
Categorised as Finance News

Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats

Asian economies are striving to avert Trump tariffs as they have hefty trade surpluses with the U.S. and levy much higher duties on imports from the country.

Published 11 February 2025
Categorised as Finance News

Stocks making the biggest moves midday: McDonald’s, GameStop, On Semiconductor and more

These are the stocks posting the largest moves in midday trading.

Published 10 February 2025
Categorised as Finance News

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