Kering – Hot or Not

Kering (EPA:KER) is a French luxury goods company. It was founded by the Pinault family and owns the following brands: Gucci, Saint Laurent, Alexander McQueen, Brioni and Puma. It has a market cap of EUR 41.6 bn, a PE of 34.95 and a dividend yield of 1.39.per cent. Guest Wayne McCurrie, Senior Portfolio Manager, Ashburton and resident expert Paul Theron from Vestact decide whether Kering is hot or not.

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