Is Balenciaga's Saga affecting Kering's stock price?

So,it’s clear this saga is not just affecting Balenciaga's reputation, but also Kering's stock price. With that said, analysts are still optimistic about the stock. KER stock recently received a €555 ($566.33) price target from equities research analysts at Barclays.

How much money does Balenciaga make a year?

Although Kering doesn’t break down the annual revenue for Balenciaga, HSBC estimates that the fashion house generated about 1.76 billion euros, or $1.81 billion, in sales in 2021. As of Monday, there were no plush bondage bear handbags for sale on Balenciaga’s website.

Where can I buy Adidas x Balenciaga pieces?

An exclusive release of selected Balenciaga x Adidas pieces were available to purchase via balenciaga.com and at the Madison Avenue Balenciaga store immediately following the show.

Where did Balenciaga show its Spring 2023 collection?

Balenciaga showed its spring 2023 collection on the trading floor of the New York Stock Exchange. Balenciaga On Sunday, after a seventh straight week of a tumbling Dow, as titans of industry and finance gathered in Davos, Switzerland, for a delayed World Economic Forum, a different gathering took place in front of the New York Stock Exchange.