Saint Laurent director left and Kering stock sits 41.03 percent below its high

Published on 10/13/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income fell 60.00 percent to EUR 189 million in first-half 2026. Kering stock costs EUR 208.85, 1.99 percent below EUR 213.10.

Anthony Vaccarello left Saint Laurent on October 9, 2026, after a decade as creative director.
Kering stock was trading at EUR 208.85 at Lang & Schwarz on October 13, 2026, 1.99 percent below the Xetra close of EUR 213.10 from October 12, 2026.
The stock stood 41.03 percent below its EUR 354.20 52-week high, with a EUR 25.7 billion market capitalization.
Kering's first-half 2026 net income fell 60.00 percent to EUR 189 million, while revenue reached EUR 7.22 billion.

Trading-Floor der Euronext Paris mit Charts und Blick auf die Stadt — Editorial-Aufnahme vom Handelsraum der Euronext Paris zeigt Marktumfeld von Kering S.A. mit ISIN FR0000121485 heute, Illustration mit AI erstellt.

Kering (ISIN FR0000121485) was trading at EUR 208.85 at Lang & Schwarz on October 13, 2026 at 10:48 a.m. CEST, 41.03 percent below its EUR 354.20 52-week high. Reuters reported on October 9, 2026, that Anthony Vaccarello left Saint Laurent after a decade as creative director. The leadership change arrives as Kering prepares its next sales update.

What the 60.00 percent decline means

Kering published first-half 2026 results on July 28, 2026. Revenue reached EUR 7.22 billion, while net income attributable to the group fell 60.00 percent to EUR 189 million.

The pressure was concentrated in the operating recovery. Gucci revenue declined 5.00 percent on a comparable basis in the first half of 2026, while Kering's finance page described the group objective as a return to growth and improved profitability.

Three dated signals for Kering

On July 28, 2026, Kering reported first-half revenue of EUR 7.22 billion through its finance release. On October 5, 2026, UBS cut its price target from EUR 285.00 to EUR 224.00, while RBC Capital reduced its target from EUR 280.00 to EUR 260.00, according to Ideal Investisseur. On October 9, 2026, Vaccarello's decade-long tenure ended, according to Reuters.

Next sales date is October 22

Kering is scheduled to report third-quarter 2026 sales on October 22, 2026, according to Placera. That release will test whether the first-half revenue stabilization can extend into the key autumn period.

Stock remains below its yearly high

Kering stock was trading at EUR 208.85 at Lang & Schwarz on October 13, 2026 at 10:48 a.m. CEST, down EUR 4.25 or 1.99 percent versus the Xetra close of EUR 213.10 on October 12, 2026. The finance data showed a EUR 203.20 to EUR 354.20 52-week range and a EUR 25.7 billion market capitalization as of October 13, 2026. The further course of trading is shown by the continuously updated real-time quote of Kering stock.