luxury stocks

Kering Stock Plunges 12% to a 52-Week Low: Gucci's Slide Just Got Worse — Again

2026-10-23

Kering stock plunged about 12% on Friday, October 23, 2026, hitting a 52-week low in Paris after Gucci — the group's biggest brand — reported a 6% comparable sales decline in the third quarter, wor...

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Hermès Stock Falls 7%: Birkin Bags Still Sell, but Its Weakest Quarter in 6 Years Spooked Luxury Investors

2026-10-22

Hermès shares fell about 7% on Thursday, October 22, 2026, after the Birkin maker reported third-quarter revenue of €4.10 billion — up just 4.3% at constant exchange rates, below the 5.2% growth an...

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