Italy's fashion house Valentino posts 3% drop in 2023 revenues [Reuters]
KERING SA UNSP/ADR (PPRUY)
NASDAQ:AMEX Investor Relations:
kering.com/en/finance
Company Research
Source: Reuters
Last year French luxury group Kering (PRTP.PA) New Tab , opens new tab bought a 30% stake in Valentino from Qatari investment fund Mayhoola, with an option to purchase the whole of company's share capital by 2028. Valentino posted an operating profit of 99 million euros last year, down 18% compared with a year earlier. ($1 = 0.9383 euros) The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. Reporting by Elisa Anzolin, editing by Cristina Carlevaro Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab
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