Kering : Gucci still lacklustre in Q2 with China in difficulty, unsurprisingly
>Very tentative restart in China in June unlikely to help the flagship brand - The group had already commented on the short-term market conditions at the CMD on 8 and 9 June (see our flashes), with the only new point to comment on at this stage being the trend regarding the situation in China, which, not surprisingly, saw a tentative reopening of the network in June, notably in Shanghai. Some 30% of the group’s network was closed in April and May and traffic has not p...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.
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.
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