KERING - BUY | EUR590 vs. EUR580 (+17%) Kering Q1 should be again quite robust
KERING - BUY | EUR590 vs. EUR580 (+17%)Kering Q1 should be again quite robust
Gucci sales growth still strong despite Western Europe
BV still under pressure and Saint Laurent again very dynamic
Slight estimates adjustments
We remain Buy on the stock
Kerr Mines is a development stage company. Co. is engaged in the development of a mining property in Virginiatown, Ontario.
Kering is engaged in the retail industry, particularly luxury fashion brands. Co.'s operations can be divided into two segments: Luxury and Sport & Lifestyle divisions. The Luxury division includes brands such as Gucci, Bottega Veneta, Yves Saint Laurent, Balenciaga, Boucheron, Sergio Rossi, Alexander McQueen, Girard-Perregaux & JeanRichard, & Stella McCartney. In addition, Co. offers Leather Goods, Shoes, Ready-to-wear, Watches, and Jewelry & Other products. The Sport & Lifestyle division designs & develops footwear, apparel & accessories and includes brands like Puma, Volcom and Electric among others.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.