Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Kering
  6. News
  7. Summary
    KER   FR0000121485

KERING

(KER)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Kering Goes Fur-Free Across All Brands

09/24/2021 | 04:42am EDT

By Joshua Kirby

French luxury-goods conglomerate Kering will be entirely fur-free as of next year, the company said Friday.

Starting from the Fall 2022 collection, none of the group's fashion brands will use animal fur in their clothing products, Kering said.

"When it comes to animal welfare, our group has always demonstrated its willingness to improve practices within its own supply chain and the luxury sector in general," Kering Chief Executive Francois-Henri Pinault said. "The time has now come to take a further step forward by ending the use of fur in all our collections."

In 2017, Kering's leading brand Gucci said it would no longer use animal fur in its collections. Stablemates including Balenciaga, Bottega Veneta, Alexander McQueen and Saint Laurent have progressively followed suit.

The move is guided by a perspective on luxury that is "inseparable from the very highest environmental and social values and standards," Mr. Pinault added.

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

(END) Dow Jones Newswires

09-24-21 0441ET

All news about KERING
10/13KERING AND PHAIDON PARTNER TO LAUNCH : Great Women Designers
PU
10/12KERING CELEBRATES WOMEN'S CREATIVITY : Women In Motion at West Bund in partnership with Ce..
PU
10/12KERING : Jefferies reaffirms its Buy rating
MD
10/11KERING : Disclosure of Transactions in Own Shares - October 4 to 8, 2021
AQ
10/07Eurostoxx 50 : European shares rally on cooling energy prices, construction sector gain..
RE
10/07EUROPEAN MIDDAY BRIEFING - Stocks Rise as Investors Eye US Debt Ceiling
DJ
10/07European shares rally on cooling energy prices, construction sector gains
RE
10/07KERING : RBC gives a Buy rating
MD
10/06KERING : Richemont's Cartier Propose Environmental Targets for Watches, Jewelry Industry
MT
10/06Kering, Cartier launch environmental pact for watches, jewellery
RE
More news
Analyst Recommendations on KERING
More recommendations
Financials
Sales 2021 16 786 M 19 472 M 19 472 M
Net income 2021 3 094 M 3 589 M 3 589 M
Net Debt 2021 4 361 M 5 059 M 5 059 M
P/E ratio 2021 27,1x
Yield 2021 1,65%
Capitalization 83 070 M 96 369 M 96 362 M
EV / Sales 2021 5,21x
EV / Sales 2022 4,64x
Nbr of Employees 33 134
Free-Float 58,2%
Chart KERING
Duration : Period :
Kering Technical Analysis Chart | KER | FR0000121485 | MarketScreener
Technical analysis trends KERING
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 668,80 €
Average target price 784,04 €
Spread / Average Target 17,2%
EPS Revisions
Managers and Directors
Franšois Jean Henri Pinault Chairman & Chief Executive Officer
Jean-Marc Duplaix Chief Financial Officer
Yseulys Costes Independent Director
Daniela Riccardi Independent Director
Sophie L'HÚlias Lead Independent Director
Sector and Competitors
1st jan.Capi. (M$)
KERING12.52%96 369
INDITEX19.62%112 564
FAST RETAILING CO., LTD.-21.29%65 105
ROSS STORES, INC.-11.95%38 632
HENNES & MAURITZ AB-2.01%32 397
ZALANDO SE-12.85%23 110