Kering Sa Ord (PPRUF) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.639 Welcome to the Caring 2026 First Quarter Revenue Conference Call and Audio Cast. 00:00:05.639 -- 00:00:08.242 Please be advised that today's conference is being recorded. 00:00:08.242 -- 00:00:12.308 As a reminder, all participants are in a listen-only mode. 00:00:12.308 -- 00:00:16.974 At this time, I would like to turn the conference over to Amal Pulu, Group Chief Financial 00:00:16.974 -- 00:00:20.599 Officer. Please go ahead, Madam. Thank 00:00:20.599 -- 00:00:21.540 you. 00:00:21.540 -- 00:00:26.627 Good evening to all of you and welcome to Caring 2026 First Quarter 00:00:26.627 -- 00:00:32.082 Revenue Call. We are speaking to you today from Gucci headquarters in Florence, 00:00:32.082 -- 00:00:35.988 just two days ahead of our Capital Market Day. 00:00:35.988 -- 00:00:40.955 I will be reviewing our performance, and we will be joined by Philippine Lechon, head 00:00:40.955 -- 00:00:44.480 of IR, for the Q&A session. 00:00:44.480 -- 00:00:49.848 Starting on slide 5, we introduce our new segment reporting, 00:00:49.848 -- 00:00:55.870 which was announced on March 16, and reflects the group's strategic priorities. 00:00:55.870 -- 00:01:00.975 We are now organized around four segments, carrying fashion and leather 00:01:00.975 -- 00:01:05.981 goods, including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, McQueen, 00:01:05.981 -- 00:01:11.326 and Brioni. Carrying jewelry, bringing together Boucheron, Pomelato, 00:01:11.326 -- 00:01:16.732 Dodo, and Killeen. Carrying eyewear as a standalone segment, and corporate 00:01:16.732 -- 00:01:22.336 and other, which includes group services and jewelry 1735. 00:01:22.752 -- 00:01:27.877 Gucci is obviously part of carrying fashion and leather goods, but its performance 00:01:27.877 -- 00:...