KERING Euronext:KER Price, Chart, News & Insight

Kering has announced a strategic partnership with ICCF, including the acquisition of a minority stake to support the global expansion of ICCF’s flagship brand ICICLE.

The collaboration combines Kering’s expertise in luxury brand development with ICCF’s deep knowledge of the Chinese market. The investment will help accelerate ICICLE’s international growth and expand its product offerings across new categories.

The partnership is part of Kering’s newly launched “House of Wonders” initiative, aimed at supporting emerging luxury brands with strong cultural identity and global potential. ICICLE, founded in Shanghai in 1997, operates more than 200 stores worldwide and is known for its design philosophy rooted in natural materials and refined craftsmanship.

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The Investor 04-16-26

Kering has finalized a transaction involving its landmark property on Via Monte Napoleone in Milan, as part of its selective real estate strategy.

The company is contributing the historic building to a newly created joint venture with Al Mirqab Group, which will hold an 80% stake, while Kering retains 20% and will account for it under the equity method.

Kering received €729 million in proceeds at closing, with an additional €432 million to be paid in five years, providing both immediate liquidity and deferred value.

The property is located in Milan’s prime luxury district and represents one of the most prominent assets on Via Monte Napoleone. The transaction follows similar real estate partnerships in Paris and New York and is aimed at securing key retail locations while enhancing financial flexibility.

The deal reflects Kering’s broader strategy to optimize its property portfolio while maintaining access to flagship luxury locations for its brands.

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The Investor 04-02-26

Kering announced it has completed the first step in acquiring a stake in Raselli Franco Group, purchasing 20% for €115 million.

The agreement includes a structured path toward full ownership by 2032, signaling a long-term strategic investment.

The transaction aligns with Kering’s plan to expand its jewelry division and strengthen control over its value chain, supporting growth across its luxury brands.

This move reflects a broader industry trend of vertical integration, where luxury groups secure key manufacturing capabilities to enhance quality, supply stability, and margins.

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The Investor 03-31-26

Kering has unveiled a new organisational structure, creating two Group centres of excellence – Industry and Client – aimed at improving operational efficiency and supporting the sustainable growth of its luxury Houses.

The new divisions form part of Kering’s Group platform and are designed to provide a unified framework, shared resources and stronger execution capabilities. Relevant teams within the Houses will report functionally to the newly established centres.

The Industry division will consolidate purchasing, manufacturing, supply chain, quality and research & development to enhance production excellence and efficiency across the Group. Meanwhile, the Client division will oversee product and pricing strategy, marketing, distribution channels, sales and operations planning, and data, delivering shared solutions across the full client value chain.

Kering also announced several senior appointments to lead the two divisions, reinforcing expertise as part of the organisational overhaul.

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WS Investor 03-03-26

Kering reported 2025 results showing sequential improvement through the year, while outlining a strategy to return to growth and improve margins in 2026.

Group revenue fell 13% year-on-year to €14.7 billion, or down 10% on a comparable basis, with fourth-quarter sales down 3% on a comparable basis, indicating a gradual stabilization. Recurring operating income declined 33% to €1.63 billion, with a recurring operating margin of 11.1%. Recurring net income attributable to the Group totaled €532 million, while free cash flow from operations reached €4.4 billion, supported by real estate transactions. Net debt was reduced by €2.5 billion to €8 billion by year-end.

Gucci remained the main drag, with revenue down 19% on a comparable basis, though the fourth quarter showed sequential improvement helped by new collections. Yves Saint Laurent delivered stable fourth-quarter sales and maintained a 20% recurring operating margin. Bottega Veneta stood out with 3% comparable growth in 2025 and a margin improvement to 15.6%. Other Houses returned to comparable growth in the fourth quarter, while Kering Eyewear continued to grow, posting a 15.8% recurring operating margin.

Kering proposed an ordinary dividend of €3.00 per share and an exceptional dividend of €1.00 per share linked to the planned disposal of Kering Beauté. Management said 2026 will focus on reigniting growth, rebuilding margins and strengthening cash generation, with a detailed roadmap to be presented at the Capital Markets Day on April 16, 2026.

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European Investor 02-10-26

Kering announced the launch of the second edition of its Kering Generation Award X Jewelry, expanding its initiative to promote sustainability and innovation across the global jewelry industry.

Following the success of the inaugural edition at JCK Las Vegas 2025, the new award is organized in partnership with CIBJO and coordinated scientifically by POLI*design – Politecnico di Milano. The program is supported by Kering’s jewelry Maisons, including Boucheron, Pomellato, Dodo and Qeelin.

Under the theme “Second Chance, First Choice,” the award aims to reduce the environmental impact of the jewelry sector through innovative solutions focused on new materials, artificial intelligence applications, sustainable packaging and retail-focused technologies. Ten leading universities and academies worldwide will take part, alongside startups developing practical solutions to improve sustainability across products, processes and services.

Students will be tasked with designing jewelry made from discarded materials, while startups will present existing solutions aligned with the award’s sustainability goals. Finalists will present their projects to the jury in Paris in July 2026 during Haute Couture Week. Winners will receive either mentorship from POLI*design or an internship opportunity within one of Kering’s Jewelry Maisons.

Kering said the initiative reinforces its commitment to responsible innovation by fostering collaboration between academia, startups and industry leaders to help shape a more sustainable future for jewelry.

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European Investor 02-08-26

Kering to Acquire Raselli Franco Group in Staged Deal to Build Jewelry Growth Platform

Kering has signed an agreement to acquire Raselli Franco Group, one of Europe’s leading independent luxury jewelry manufacturers. The transaction will begin with a 20% stake acquired in Q1 2026 for €115 million, with a clear pathway to full ownership by 2032. The deal strengthens Kering’s control over its jewelry value chain, enhances manufacturing capabilities, and supports the long-term growth of its Jewelry Houses, including Boucheron, Pomellato, Dodo, and Qeelin.

Source: Kering press release, 18 December 2025

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WS Investor 12-22-25

Kering will pay an interim dividend of €1.25 per share for the 2025 financial year, with payment set for January 15, 2026. The ex-dividend date is January 13, and the record date is January 14. The final dividend proposal will be decided in February and submitted to shareholders in May 2026, in line with the company’s long-term disciplined payout strategy.

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Global Finance News 12-03-25

Kering and the National University of Singapore’s Centre for Governance and Sustainability have released their second joint study on corporate water stewardship in the Asia-Pacific region. Published on 28 November 2025, the report finds that while companies are improving water-use efficiency within their operations, most still fall short in managing broader water risks across supply chains and shared catchment areas.

The study reviews practices at six major firms in water-intensive sectors including agriculture, fashion, beauty and real estate. It highlights progress in internal actions such as tracking usage, reducing pollution and meeting regulations, but notes major gaps: limited investment in water initiatives, weak supply-chain engagement, scarce financial disclosures, low consumer involvement and a lack of context-specific water targets.

Kering’s sustainability chief Marie-Claire Daveu said the findings underscore the need for stronger water stewardship across value chains, while NUS professor Lawrence Loh stressed that water risks mirror climate challenges and require collaboration among companies, suppliers, communities and governments. The report calls for holistic, value-chain-wide approaches to water management as pressures on global freshwater resources intensify.

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WS Investor 12-01-25

Kering’s Women In Motion marks 10 years with Tokyo talk featuring Mitsuki Takahata, Kento Nakajima, Debra Zane, and Miyuki Fukuma

Kering hosted its fifth Women In Motion Talk at the 38th Tokyo International Film Festival, with opening remarks by Hirokazu Kore-eda and a special screening of the documentary Casting By. The panel discussed evolving portrayals of women in film and ongoing challenges behind the camera. The Nov 2, 2025 event at TOHO Cinemas Roppongi Hills also served as a 10th-anniversary celebration of the Women In Motion program, bringing together filmmakers, casting directors, actors, and producers for networking across generations. Source: Kering

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European Investor 11-12-25

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