Previous close | 36.96 |
Open | 37.42 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 37.38 - 37.52 |
52-week range | 35.56 - 64.69 |
Volume | |
Avg. volume | 194,346 |
Market cap | 45.995B |
Beta (5Y monthly) | 1.13 |
PE ratio (TTM) | 14.43 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.50 (4.05%) |
Ex-dividend date | 30 Apr 2024 |
1y target est | N/A |
French luxury group Kering on Thursday named former Louis Vuitton and Prada communications executive Stefano Cantino as deputy CEO of Gucci to help steer a revival of the Italian label. Cantino, who will start on May 2, will report to Jean-François Palus, Gucci's President and CEO, the statement said. "In this newly created position, Stefano Cantino will share with Jean-François Palus the responsibility to define and implement the brand strategy," it said.
Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter results, reflecting lacklustre Chinese demand and comparisons with last year when the lifting of COVID curbs in mainland China boosted sales. LVMH, the world's biggest luxury group, is first to report on April 16, followed by rivals Kering, Prada and Hermes a week later. Burberry and Richemont follow in May.
The 26-year-old Francois Louis Nicolas Pinault, who is Kering CEO Francois-Henri's son, works as a “product marketing manager,” according to filings.