Kering Investor Presentation Deck
●
●
●
KEY HIGHLIGHTS
REVENUE -13% REPORTED, -9% COMPARABLE
- ADVERSE MACRO BACKDROP
- RETAIL TRENDS IMPACTED BY WEAKER TRAFFIC AND
LOWER CONTRIBUTION FROM ONLINE
WHOLESALE DOWN SHARPLY ON CONTINUING
RATIONALIZATION
MATERIAL FX HEADWIND, POSITIVE SCOPE FROM MAUI JIM
Q3 23 GROUP REVENUE
CHALLENGING REGIONAL TRENDS
WESTERN EUROPE AND ASIA PACIFIC SOFTENING IN Q3
vs. Q2 YoY
NORTH AMERICA STILL SUBDUED, ON PAR WITH Q2
JAPAN STRENGTH CONFIRMED ON TOURISM SPENDING
DETERMINED EXECUTION
POWERFUL, SOPHISTICATED FASHION SHOWS
INVESTMENTS IN OUR BRANDS AND IN RETAIL
ELEVATION
- OPENING OF LANDMARK LOCATIONS
-
Investor Presentation - November 2023
5,137
Q3 22
REVENUE CHANGE
(in Em and comparable change YoY)
-9%
Comparable
growth
-13%
reported
+2%
Scope
-6%
FX
4,464
Q3 23
% comparable growth: at constant scope and exchange rates
13View entire presentation