Report
Jean Danjou

Kering : Plans and ambitions but still question marks around Gucci

>CMD highlights plans and ambitions in a favourable light but the question marks around Gucci are still there, no scoops on current trading - Kering’s CMD on 8 and 9 June in Paris aimed primarily to set out the positions, strategy and medium-term ambitions for Gucci, Saint Laurent and Kering Eyewear (as indicated below, we interpret this medium term as a 5-year horizon, but the group has not set a precise time horizon). We think that, overall, these presentations pre...
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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