ENXTPA:KERLuxury
Kering (ENXTPA:KER) Secured Gucci Beauty Rights, Is The Discount To Fair Value Enough?
L’Oréal’s new fifty-year exclusive license for Gucci fragrances and beauty, effective from July 2027 subject to approvals, places Kering (ENXTPA:KER) at the center of a long-term brand partnership discussion.
See our latest analysis for Kering.
At a share price of €245.8, Kering has a 1 day share price return of 2.57%, while the share price is down 19.30% year to date and the 5 year total shareholder return has declined 62.02%. This suggests longer term momentum has been weak despite a 20.91%...