Discussion: The State of Kering

[plentyofhorns]

Kering Deepens Austerity Measures as Profit Outlook Worsens​

wwd

So little forethought with their rapid store expansion in Asia. They spent so much and are now closing them lol. Kering really just thinks quarter by quarter

 

[Abracai]

I'm curious, why does Kering release sales reports for individual brands, unlike LVMH?

Because Lvmh does hidden promotions to keep up the sales with consensus so they don't want to disclose margins or quality of earnings. Otherwise analyst would discover they are severely diluting most of their brands

 

[Abracai]

Because they are much smaller and not so many divisions, Kering is luxury fashion & leather goods only, while half of LVMH is jewelry (Bulgari, Tiffany's), distribution, alcohol, watches too.

They provide datas by sector (alcohol, jewelry, fashion and leather) but not by single brands.
It's not because they are bigger, even Kering don't disclose all the brands but the most important ones.
Lvmh don't do it so they can get away with lower quality of earnings and no margins disclosure. That's because they do several hidden sales promotions on selected items and locations hence diluting brands.