Kering
Coverage of Kering in the Nexus archive.
- Hermès, Kering Record Stock Spread Highlights Diverging Paths
Shares of Hermès International SCA and Kering SA diverged by a record margin, reflecting contrasting fortunes as recent earnings highlighted their differing trajectories. The luxury goods makers' stock performance underscores a dramatic reversal in their market positions.
- Gucci-branded Google smart glasses are coming next year
Google is partnering with Gucci to develop stylish AI smart glasses, set to launch in 2027 under Kering's brand. Google's first Android XR glasses, 'Project Aura,' expected this year, resemble Meta's Ray-Ban smart glasses and mark Google's second attempt at wearable tech after the failed Google Glass.
- Kering CEO Backs Demna as Creative Director of Gucci
Kering CEO Luca de Meo expressed confidence in Demna Gvasalia's leadership as Gucci's creative director, calling him 'one of the greatest of his generation.' He also discussed the Middle East war's impact on sales, a partnership with ICCF (China's Icicle owner), and overall optimism for Gucci's future.
- LVMH Misses Estimates; Kering, Hermes Set to Report
LVMH missed earnings estimates, while Kering and Hermes are scheduled to release their financial reports. The article highlights corporate financial performance updates from luxury goods companies.