Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal ...

Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties ...

Kering sells 60% of Paris properties amid Guccis poor performance Kering divests significant stakes in Paris real estate as ...

Luxury group Kering has signed an agreement with investment firm Ardian for the sale of 837 million euros worth of real ...

Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...

European luxury shares jumped Thursday after Cartier parent Richemont reported record quarterly sales, lifting investor hopes ...

Christie’s named a new chief executive officer as part of a wider shakeup in the management of the billionaire Pinault family ...

The CAC 40 in France was Europe's outstanding performer on Thursday, as its heavy weighting of luxury-goods groups pushed the index up 1.8%. The rally came after Swiss-listed Richemont, whose brands ...

French stocks are up in positive territory Thursday morning, lifted by strong gains in the luxury sector after French luxury goods ...

European stocks closed on a positive note on Thursday with several major markets in the region rising to multi-month highs or new ...

Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs. Hindenburg Research founder ...

The pound was at USD1.2241 late on Thursday in London, flat compared to USD1.2243 at the equities close on Wednesday. The euro stood at USD1.0305, higher against USD1.0293. Against the yen, the dollar ...