EPA:KER

Kering stock jumps in Paris after results; Gucci turnaround and April 16 plan in focus

Kering shares jumped as much as 13% in Paris after the group reported a 10% drop in 2025 revenue and recurring operating income of 1.63 billion euros. Gucci sales fell 3% in the fourth quarter, beating analyst forecasts for a steeper decline. Kering proposed a 4-euro total dividend per share. Management will present its strategic roadmap at a Capital Markets Day on April 16.

10 February 2026

EPA:KER·Stock Market

Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global, owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy in Texas after missing a $100 million interest payment tied to its Neiman Marcus acquisition. The company reported $1.75 billion in financing, including $1 billion in debtor-in-possession funding, and expects stores to remain open. Geoffroy van Raemdonck replaced Richard Baker as CEO. Major luxury suppliers are listed as unsecured creditors.

14 January 2026

Bankruptcy·EPA:KER·EPA:MC

Euronext Paris Shocks Markets with Historic Roots, Surging Stocks & Bold 2025 Moves

CAC 40 Near Record High, Defies Moody’s Warning as Luxury Stocks Rally

France’s CAC 40 index held near 8,230 points Monday, flat and just below last week’s record. Moody’s cut France’s outlook to “negative,” but markets were unmoved. Kering surged 9% last week after better-than-feared sales, while Dassault Systèmes and STMicroelectronics dropped over 13% on weak guidance. The CAC 40 is up about 10% year-to-date.

27 October 2025

EPA:BNP·EPA:DSY·EPA:KER·EPA:OR·EPA:RMS·EPA:STM·EPA:SU·EPA:TTE·Stock Market

Nifty50 Opens Above 23,200, BSE Sensex Gains Over 700 Points Amid Market Recovery
March 20, 2026, 12:25 AM EDT. India's stock markets rebounded Friday after Thursday's steep selloff. Nifty50 opened above 23,200, up 227 points (0.99%), while the BSE Sensex climbed 738 points to 74,945.45. The sharp drop followed escalating tensions in West Asia, which fueled a global risk-off mood and pushed crude oil prices higher. Confidence was shaken but now recovers as Israeli officials signaled no further strikes on Iran's oil infrastructure, easing Brent crude prices to $106 from $118. Financial and auto stocks, hit hard earlier, are set for gains. Foreign investors continued net selling, offloading equities worth Rs 7,558 crore, yet domestic funds countered with buying support. Asian markets rose on easing oil prices and US market rebounds despite Wall Street's prior losses. Analysts caution ongoing volatility as geopolitical risks persist.