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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Kering    KER   FR0000121485

KERING (KER)
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Kering : Online portal open

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01/13/2018 | 07:41pm CEST

FRENCH fashion label Saint Laurent, part of Kering, will start selling online in China through a JD.com portal, joining shopping players like Alibaba in trying to tap strong luxury goods demand from Chinese consumers.

The French brand, created in 1961 by its late founder Yves Saint Laurent, said earlier this week it was partnering with Toplife, a platform launched last October by JD.com which aims to woo luxury buyers with same-day deliveries and premium services. It rivals Luxury Pavilion, a similar portal launched in August which is backed by Alibaba's Tmall platform and features products from fashion groups such as Burberry.

(c) 2018 Shanghai Daily Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
JD.COM -0.04% 27.025 Delayed Quote.-34.98%
KERING 1.96% 457.8 Real-time Quote.14.33%
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Financials (€)
Sales 2018 13 317 M
EBIT 2018 3 759 M
Net income 2018 2 560 M
Debt 2018 2 042 M
Yield 2018 1,67%
P/E ratio 2018 21,46
P/E ratio 2019 18,50
EV / Sales 2018 4,41x
EV / Sales 2019 3,88x
Capitalization 56 737 M
Chart KERING
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Technical analysis trends KERING
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 545 €
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
François-Henri Joseph Pinault Chairman & Chief Executive Officer
Jean-Marc Duplaix Group Chief Financial Officer
Baudouin Prot Director
Patricia Barbizet-Dussart Vice Chairman
Jean-François Palus Director & Group Managing Director
Sector and Competitors
1st jan.Capitalization (M$)
KERING14.33%66 852
INDITEX - INDUSTRIA DE DISEÑO TEXTIL-7.83%98 306
FAST RETAILING CO LTD24.86%53 515
ROSS STORES20.81%36 004
PRADA S.P.A.21.55%11 327
BURBERRY GROUP12.05%10 955