Kering SA (PPRUF) Q2 2025 Earnings Conference Call Transcript

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Kering SA (OTCPK:PPRUF) Q2 2025 Earnings Call July 29, 2025 ET

Company Participants

Armelle Poulou – Chief Financial Officer
Francesca Bellettini – Deputy CEO
Jean-Marc Duplaix – Deputy CEO & COO

Conference Call Participants

Antoine Belge – BNP Paribas Exane, Research Division
Carole Gladys Madjo – Barclays Bank PLC, Research Division
Charles-Louis Scotti – Kepler Cheuvreux, Research Division
Chiara Battistini – JPMorgan Chase & Co, Research Division
Edouard Aubin – Morgan Stanley, Research Division
Erwan Rambourg – HSBC Global Investment Research
James Robert Grzinic – Jefferies LLC, Research Division
Louise Susan Singlehurst – Goldman Sachs Group, Inc., Research Division
Oliver Chen – TD Cowen, Research Division
Thomas Vincent Chauvet – Citigroup Inc. Exchange Research
Zuzanna Pusz – UBS Investment Bank, Research Division

Operator

Welcome to the Kering 2025 First Half Results Conference Call and Webcast. Please be advised that today’s conference is being recorded. [Operator Instructions]

At this time, I would like to turn the conference over to Ms. Armelle Poulou, Group Chief Financial Officer. Please go ahead, madam.

Armelle Poulou

Good evening to all of you. Welcome to Kering’s 2025 First Half Results Call. I will start with comments on the period and second quarter and will be joined by Francesca Bellettini, and Jean-Marc Duplaix, our Deputy CEOs for the Q&A session.

Starting on Slide 5. In the first half, our houses stepped up the expression of their exceptional craftsmanship and innovative offer driving desirability. Bottega Veneta celebrated the 50th anniversary of its signature Intrecciato weave, with the craft is our language campaign, highlighting the universal language of hand gestures. At Gucci, the GT Obsession campaign, attributed to the roots of the house, featuring its iconic monogram design through distinctive products and successful introductions like the Giglio bag.

Boucheron’s latest high jewelry collection Impermanence represents another odd to nature

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