Kering Q2 revenue beats flat trend as Gucci recovery gains traction
Kering reported H1 2026 revenue of €7.22B, down 3% YoY but up 1% on a comparable basis. Q2 revenue rose 1% to €3.652B. While Fashion & Leather Goods sales fell 1%, with Gucci declining 3% for the 12th consecutive quarter, the pace of decline eased. Jewelry and Eyewear revenues grew significantly. The better-than-expected results boosted investor sentiment, causing Kering's U.S.-listed shares to surge approximately 15%.
