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4-Traders 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 -2.06% 40.82 Delayed Quote.0.63%
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Financials (€)
Sales 2018 13 270 M
EBIT 2018 3 603 M
Net income 2018 2 506 M
Debt 2018 2 010 M
Yield 2018 1,52%
P/E ratio 2018 23,91
P/E ratio 2019 21,21
EV / Sales 2018 4,85x
EV / Sales 2019 4,35x
Capitalization 62 344 M
Chart KERING
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Kering Technical Analysis Chart | KER | FR0000121485 | 4-Traders
Technical analysis trends KERING
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 510 €
Spread / Average Target 6,0%
EPS Revisions
Managers
NameTitle
François-Henri Pinault Chairman & Chief Executive Officer
Jean-Philippe Bailly Chief Operating Officer
Jean-Marc Duplaix Group Chief Financial Officer
Baudouin Prot Director
Patricia Barbizet-Dussart Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
KERING22.49%72 047
INDITEX - INDUSTRIA DE DISEÑO TEXTIL1.36%106 143
FAST RETAILING CO LTD13.62%49 629
ROSS STORES5.86%31 987
ZALANDO5.23%13 221
GAP-2.88%12 604