Kering : Start of the year confirms the uncertainties
>Start-of-year trends vary from one region and one brand to the next, very slight increase to our Q1 estimates, which were below consensus - The group’s comments regarding the start of the year suggest contrasting trends between regions, brands and distribution channels. For retail (75% of group sales in Q1 2022), trends have remained positive in Europe, where we expect double-digit y-o-y CER growth to continue, possibly below the +16% reported in Q4, and also in Ja...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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