Report
Jean Danjou

Kering : Pas de miracle au T1, le T2 sera pire en attendant le redémarrage

>Ventes T1 2020 légèrement en dessous des indications communiquées - La croissance organique des ventes au T1 ressort à -16.4% (-15.4% en données publiées), c’est un peu en dessous de la guidance communiquée par le groupe en mars (-15% comparable, -13%/-14% en publié) mais cela ne surprend pas vraiment au vu du contexte sur la dernière partie de mars (fermetures de boutiques hors Chine et certains pays d’Asie, fermetures des centres logistiques en Italie). On sait d’o...
Underlying
Kering SA

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean Danjou

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