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KERING SA KERING ORD SHS (0IIH.IL)

IOB - IOB Delayed price. Currency in EUR
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647.20+22.55 (+3.61%)
As of 12:07PM BST. Market open.
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Previous close624.65
Open634.00
Bid639.80 x 0
Ask651.20 x 0
Day's range626.80 - 647.30
52-week range174.32 - 647.30
Volume8,849
Avg. volume47,525
Market capN/A
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Globe Newswire

    Kering : Statement in compliance with article 223-16 of the General Regulation of the French Financial Markets Authority (AMF – Autorité des Marchés Financiers)

    Kering Société anonyme with a capital of € 500,071,664 Head office : 40, rue de Sèvres – 75007 PARIS 552 075 020 RCS PARIS April 21, 2021 Statement in compliance with article 223-16 of the General Regulation of the French Financial Markets Authority (AMF – Autorité des Marchés Financiers) Date Total Number of shares Total number of voting rights theoretical 1 Exercisable 2 April 15, 2021 125,017,916 177,788,897 177,663,897 1 Calculated based on all shares with voting rights, including treasury shares stripped of voting rights (Art. 223-11 of AMF General Regulations). 2 Excluding treasury shares stripped of voting rights. Attachment Kering - Statement Number of Shares and voting rights - 04.15.2021

  • Globe Newswire

    Kering : Sharp Revenue Rebound in First Quarter of 2021

    PRESS RELEASEApril 20, 2021 SHARP REVENUE REBOUND IN FIRST QUARTER OF 2021 Consolidated revenue: €3,890.0 million,up 21.4% as reportedand 25.8% on a comparable basis Kering Press release_First quarter revenue_20 04 2021 VA “In the first quarter, Kering delivered a strong topline performance, bouncing back above pre-pandemic levels. Growth was consistent across all our Houses, and we are particularly pleased with Gucci’s momentum as the brand kicks off its centennial celebration. While 2021 should still face some impact from the health crisis, the strategy, positioning and creativity of our Houses will enable each one of them to thrive in today’s environment.” François-Henri Pinault, Chairman and Chief Executive Officer Group consolidated revenue rose sharply in the first quarter, up 25.8% on a comparable basis. Versus the first quarter of 2019, revenue increased 5.5% at constant exchange rates.Growth was well balanced across the Group, driven by good performances from all Houses. Comparable revenue generated by the Luxury Houses’ directly operated networks climbed by 31.8% from the first quarter of 2020 and by 6.3% versus the first quarter of 2019, against a backdrop of store closures in part of the retail network. The increase in sales was largely driven by outstanding momentum in Asia-Pacific (up 83%) and North America (up 46%).Sharp growth in online sales continued across regions, up 108% in the quarter, driving the penetration of e-commerce to 14% of retail sales. Comparable sales generated through the wholesale network were up 8.9% in the first quarter of 2021, as the Group continues to streamline this distribution channel. Revenue(in € millions) Q1 2021Q1 2020 Reportedchange Comparable change(1) Total Houses 3,726.93,065.7+21.6%+26.0%Gucci 2,167.7 1,804.1 +20.2%+24.6%Yves Saint Laurent 516.7 434.6 +18.9%+23.4%Bottega Veneta 328.2 273.7 +19.9%+24.6%Other Houses 714.3 553.3 +29.1%+33.1% Corporate and other 163.1137.5+18.6%+22.9% KERING 3,890.03,203.2+21.4%+25.8% (1) On a comparable Group structure and exchange rate basis. Gucci: outstanding performance Gucci posted revenue of €2,167.7 million in the first quarter of 2021, up 20.2% as reported and 24.6% on a comparable basis. Thanks to the desirability of its collections, successful collaborations, and multiple local clienteling initiatives, the House saw a 33.6% increase in comparable sales through its directly operated network. The brand’s appeal was particularly strong in Asia-Pacific (up 78%) and North America (up 51%).Wholesale was down 26.1% on a comparable basis, in line with Gucci’s strategy of gradually enhancing the exclusivity of its distribution network. Yves Saint Laurent: sustained growth momentum Yves Saint Laurent delivered a strong start to the year, with revenue of €516.7 million, up 18.9% as reported and 23.4% on a comparable basis. Comparable sales from the directly operated network rose 30.7%, with double-digit growth across all product categories. Sales momentum picked up in North America (up 46%) and Asia-Pacific (up 89%), where the House continues to build its presence and image.Wholesale was up 12.9% on a comparable basis. Bottega Veneta: strong growth on top of high comparison base Bottega Veneta posted revenue of €328.2 million, a first-quarter record, advancing 19.9% as reported and 24.6% on a comparable basis. Comparable sales from the directly operated network grew 23.7% against a very high first-quarter 2020 comparison base, particularly in North America and Western Europe. All product categories posted double-digit growth in the period.Wholesale rose 27.1% on a comparable basis, in a context of increased selectivity in the number of House partners.Other Houses: extremely solid growth Revenue from Kering’s Other Houses was €714.3 million in the first quarter, up 29.1% as reported and 33.1% on a comparable basis. Sales from the directly operated network rose 29.3% on a comparable basis over the period, while wholesale rose 38.3%.The quarter’s performances at Alexander McQueen and Balenciaga were outstanding. Growth was particularly robust in their retail networks in North America as well as in Asia-Pacific, where the two Houses continue strengthening their positions. The Jewelry Houses achieved an excellent quarter. Boucheron’s development strategy is paying off, yielding a remarkable performance, particularly in Japan and Asia-Pacific. Pomellato regained a very strong momentum, while Qeelin confirmed its exceptional growth trajectory. The Watch Manufacturers also had a good start to the year. Corporate and other Revenue for the Corporate and other segment was up 18.6% as reported and 22.9% on a comparable basis in the first quarter, driven by the strong performance of Kering Eyewear in its main markets. REMINDER OF ANNOUNCEMENTS MADE SINCE JANUARY 1, 2021 Kering and Conservation International launch the Regenerative Fund for Nature January 28, 2021 – Kering and Conservation International launched the Regenerative Fund for Nature to transform one million hectares of farms and landscapes producing raw materials in fashion’s supply chains to regenerative agriculture over the next five years. As an important step in achieving Kering’s commitment to have a net positive impact on biodiversity by 2025, the one million hectares under the new Fund is on top of Kering’s goal to protect an additional one million hectares of critical, “irreplaceable” habitat outside of its direct supply chain, entailing the transformation of two million hectares in total. Kering invests in Vestiaire Collective March 1, 2021 – Vestiaire Collective announced a new €178 million financing round backed by Kering and Tiger Global Management to accelerate its growth in the second-hand market and drive change for a more sustainable fashion industry. By investing in Vestiaire Collective (approximately 5% stake) and by being represented on the platform’s Board of Directors, Kering is illustrating its pioneering strategy, supporting innovative business models, embracing new market trends and exploring new services to fashion and luxury customers. Kering enhances its global logistics capabilities with a new hub in Northern ItalyApril 9, 2021 – Kering announced the completion of the first phase of its new global logistics hub in Trecate, in the Piemonte region of Northern Italy. The first part of the building has been operating since March 2020, and the second part (over 100,000 sq.m) is scheduled to become operational by the end of the second quarter of 2021. Built in record time, the Group’s new global logistics hub covers more than 162,000 sq.m and combines state-of-the-art technology and automation, scalability, innovative sustainability and features for the well-being of employees. The hub will meet the demand from the Houses’ regional warehouses, retail stores, wholesalers and e-commerce worldwide. AUDIOCAST An audiocast for analysts and investors will be held at 6.00pm (CEST) on Tuesday, April 20, 2021. It may be accessed here. The slides (PDF) will be available ahead of the audiocast at www.kering.com/fr/finance/. A replay of the audiocast will also be available at www.kering.com. About Kering A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow’s Luxury in a sustainable and responsible way. We capture these beliefs in our signature: “Empowering Imagination”. In 2020, Kering had over 38,000 employees and revenue of €13.1 billion. Contacts PressEmilie Gargatte +33 (0)1 45 64 61 20 emilie.gargatte@kering.comMarie de Montreynaud +33 (0)1 45 64 62 53 marie.demontreynaud@kering.com Analysts/investorsClaire Roblet +33 (0)1 45 64 61 49 claire.roblet@kering.comLaura Levy +33 (0)1 45 64 60 45 laura.levy@kering.com Attachment Kering Press release_First quarter revenue_20 04 2021 VA

  • Globe Newswire

    Kering - Information regarding the arrangements for taking part in the Combined General Meeting of April 22, 2021 and conditions for obtaining or consulting the documents prepared for the Meeting

    PRESS RELEASE 04.07.2021 INFORMATION REGARDING THE ARRANGEMENTS FOR TAKING PART IN THE COMBINED GENERAL MEETING OF APRIL 22, 2021 AND CONDITIONS FOR OBTAINING OR CONSULTING THE DOCUMENTS PREPARED FOR THE MEETING Kering shareholders are invited to take part in the Company’s Combined General Meeting to be held at 3 p.m. (Paris Time) on Thursday, April 22, 2021. In light of the ongoing health crisis situation and the administrative measures taken in the context of the COVID-19 pandemic, the General Meeting will take place behind closed doors, without the physical presence of shareholders1. The General Meeting will be broadcast live and a replay will also be available on the Company’s website2: https://www.kering.com/en/ (Finance/Shareholders information/Annual General Meeting section). As the General Meeting is to be held behind closed doors, shareholders are invited to vote remotely, either by casting a postal vote or using the online voting platform. Proxy/postal voting forms must be received by CACEIS Corporate Trust by Monday, April 19, 2021 at the latest. In addition, the Votaccess online voting platform has been open since 9 a.m. on Thursday, April 1st, 2021 and will remain open until 3 p.m. on Wednesday, April 21, 2021 (Paris Time). Shareholders are entitled to submit written questions before the General Meeting. Any questions should be submitted (preferably by email to AG2021proxy@kering.com) at least two business days before the General Meeting, i.e., on Tuesday, April 20, 2021 at the latest, and must be accompanied by a share ownership certificate. In order to maintain a continuous and open dialogue at the Annual General Meeting held behind closed doors, shareholders will be given the opportunity to submit their questions online during the Meeting via the live broadcast platform available through Kering’s website. These questions will be read out loud, along with the name of the shareholder, and answered live during the General Meeting. Questions will be processed during the time allotted for questions and answers and may be selected. If there are multiple questions on the same topic, they may be grouped together. In compliance with provisions of the French Commercial Code (Code de commerce), the documents relating to the Annual General Meeting (including, in particular, the 2020 Universal Registration Document and the proxy/postal voting form) are available on the Company’s website at https://www.kering.com/en/ (Finance/Shareholders information/Annual General Meeting section). The Notice of Meeting, including the agenda, the proposed resolutions submitted to shareholders by the Board of Directors, and a description of the main options available to shareholders for taking part in and voting at the General Meeting and exercising their rights, was published on March 17, 2021 in the Bulletin des Annonces Légales Obligatoires (BALO – French bulletin of legal notices). The convening notice was published in the BALO and in the legal gazette (online news services) Les Affiches Parisiennes on April 7, 2021. The documents relating to the Annual General Meeting will be made available or communicated to the shareholders from today, in accordance with the legal and regulatory conditions in force. About Kering A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow’s Luxury in a sustainable and responsible way. We capture these beliefs in our signature: “Empowering Imagination”. In 2020, Kering had over 38,000 employees and revenue of €13.1 billion. Contacts PressEmilie Gargatte +33 (0)1 45 64 61 20 emilie.gargatte@kering.comMarie de Montreynaud +33 (0)1 45 64 62 53 marie.demontreynaud@kering.com Analysts/investorsClaire Roblet +33 (0)1 45 64 61 49 claire.roblet@kering.comLaura Levy +33 (0)1 45 64 60 45 laura.levy@kering.com www.kering.comTwitter: @KeringGroupLinkedIn: KeringInstagram: @kering_officialYouTube: KeringGroup ([1]) In accordance with Article 4 of French government order no. 2020-321 of March 25, 2020 as amended by order no. 2020-1497 of December 2, 2020 and extended by French decree no. 2021-255 of March 9, 2021.([2]) Unless technical reasons make this broadcast impossible or seriously disrupt it. Attachment Communiqué Modalités AG 22 avril 2021 ENG