|Bid||151.00 x 2500|
|Ask||0.00 x 4200|
|Day's Range||305.55 - 309.10|
|52 Week Range||168.20 - 314.50|
|PE Ratio (TTM)||47.72|
|Dividend & Yield||5.01 (1.39%)|
|1y Target Est||N/A|
Half Year 2017 Kering SA Earnings Call
Luxury conglomerate Kering has agreed to dismiss a lawsuit against Chinese e-commerce giant Alibaba Group Holding as part of a new deal between the two companies to fight counterfeit goods sold on Alibaba’s ...
French luxury goods group Kering (PRTP.PA) has dropped a lawsuit filed in New York against Alibaba (BABA.N) and Alipay and agreed instead to co-operate with the two companies to safeguard intellectual property rights and fight counterfeiting. Chinese e-commerce company Alibaba has faced allegations in the past that its online shopping sites fail to prevent the sale of copyright-infringing goods. Alibaba has said it is constantly improving its monitoring and enforcement of rules against counterfeits.