PPRUY News and Press, Kering S A ADR From 12/13/23

2023-12-13 21:06:54 ET Summary As is usual at the end of the year, many Seeking Alpha contributors will have their lists of where to put your money during the next year. But not losing money with your investments is almost as important as making money. At the beginning of this...

2023-12-05 10:00:51 ET Summary Kering is a global luxury group based in France, owning brands including Gucci and Saint Laurent. Revenue has grown at a CAGR of 8%, while EBITDA-M has improved to 31%. We believe the current trajectory is sustainable. The Balenciaga scandal will...

2023-12-01 07:00:00 ET Summary Farfetch has experienced a disastrous 12-24 months, as the post-pandemic bump in demand has dried up and the business comes to terms with minimal financial progress. Despite revenue growing at a CAGR of 42%, Farfetch has experienced limited margin im...

2023-11-29 14:00:42 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s been a rough time for short sellers. Famed short-seller Jim Chanos recently shut down his fund after years of uneven performance and dwindling assets under management. The ralli...

2023-11-27 12:00:00 ET Summary High fashion companies have high profit margins, growing revenues, and competitive advantage from successful historical brands. In this case, being European companies, it is important to consider the withholding tax. At the right price, I would b...

2023-11-24 05:17:34 ET Summary Number 1 in hard luxury category. 27 luxury maisons with histories stretching back to 1755. P/E of 14x (historical average of 21x). No net debt. Note: All figures are in EUR (€) unless stated otherwise. Introduction ...

2023-11-11 14:00:00 ET Some retailers did extremely well in the quarter. PDD Holdings ( PDD ), best known for operating the e-commerce platform Pinduoduo, saw its market value rocket 38.3% higher to $126.2B. GlobalData attributed PDD Holdings' ( PDD ) success to excellent qu...

2023-11-07 13:59:39 ET Summary Tapestry's acquisition of Capri Holdings is subject to a second request by the FTC, raising potential antitrust concerns. The merger would create the fourth-largest luxury goods firm with a market share of 5.1%. The FTC may focus on MRP mechanics...

2023-11-07 03:33:13 ET Summary LVMH has experienced a significant decline in the last six months, down around 22%. A peer group analysis and a discounted cash flow analysis suggest that the company is currently fairly valued. With the high quality of the company and the domina...

2023-10-30 14:03:37 ET Summary Kering, the owner of the Gucci, Balenciaga, and Saint Laurent brands,  announced disappointing third-quarter sales, which reflect continued market-share losses. Amid a widespread luxury sector decline, Kering reached a valuation that seems very ...