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?

Driven largely by the "Ugly Sneakers" phenomenon, Balenciaga's revenue has boomed to around $2.3 billion from $17 million in 2001, according to analyst estimates. Growing ahead of owner Kering SA's group average, Balenciaga's share of sales exceed 10 percent, though it's still just a quarter the size of family member Gucci.

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.

Was Balenciaga at Occupy Wall Street?

They weren’t there for Occupy Wall Street redux, or any sort of protest about the current markets. They were there for the Balenciaga spring 2023 show, the brand’s first show being held outside of Paris, which also happened to be the first show ever held on the trading floor of the symbolic beating heart of American wealth creation and destruction.