Kering SA (#KER) Stock Price, Live Chart & Analysis | Trade #KER

Kering SA is a global Luxury group managing the development of a series of renowned Houses in fashion, leather goods, and jewelry. It has a wide range of brands, including Balenciaga, Bottega Veneta, Gucci, Alexander McQueen, Yves Saint Laurent, and so on. In 2021, the total number of Kering SA employees reached 42,000 people. The corporation owns 1381 stores worldwide.

The company started its way in the exclusive luxury sector in 1999 when it bought 42% of Gucci shares and 100% of Yves Saint Laurent assets. In 2013, the corporation received its current name, Kering. After the company got rid of brands unrelated to the creation of designer clothes and accessories, its development has been directed to the growth of already acquired assets.

The corporation’s revenues steadily grow. In 2020, the profit was 17.5% higher than in 2019, making 13.1 billion euros. In 2021, Kering's annual revenue reached 17.6 billion euros. More than 80% of the corporation's income comes from the Gucci, Saint Laurent, and Bottega Veneta brands. Of these, 60% of revenue and 70% of the profit were yielded by Gucci as of 2022.

Kering SA launched its IPO on October 25, 1988. The company’s stocks are traded on the EURONEXT exchange under the ticker of #KER. The stocks are included in several indices, such as CAC 40, Dow Jones Sustainability, and STOXX Europe 50. In 2022, Kering SA's market capitalization amounted to 57.38 billion euros. Kering SA regularly pays dividends to shareholders, but their growth is unstable. The value of Kering SA's assets is increasing; from 2016 to 2021, it has grown by 352%. Therefore, trading stock CFDs seem to many traders more profitable than traditional investment.

Traders who want to make money on the #KER exchange rate should consider that the asset's value is affected not only by economic indicators but also by the epidemiological situation in the world. To make the most reliable forecast, you should familiarize yourself with the company's financial statements in the public domain. One should also monitor the activities of Kering’s main competitors, such as LVMH Moet Hennessy, Christian Dior SA, Hermès (Hermes International), Etam Developpement SA, and ST DUPONT SA.