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Kering sales drop more than expected in first quarter as Gucci crisis deepens
The crisis at Kering's flagship Gucci label deepened in the first quarter, the company said on Wednesday as it flagged ...
Gucci sales nosedive 25% as Kering losses deepen
The luxury conglomerate posted a company-wide revenue decline of 14% in Q1 and announced store closures amid a downturn in ...
Shares in Gucci Owner Kering Fall After Sales Disappoint
The stock fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts’ expectations, unnerving investors ...
Kering sales drop 14% in first quarter as Gucci crisis deepens
By Mimosa Spencer and Tassilo Hummel PARIS -The crisis at Kering's flagship Gucci label deepened in the first quarter, the ...
The Gazette5d
Kering sales drop more than expected in first quarter as Gucci crisis deepens
Kering's first-quarter sales ... Deputy CEO Francesca Bellettini said Gucci saw a "big downtrend" in store traffic. The brand, which accounts for around two-thirds of group profits, recently ...
The Gazette5d
Kering sales drop 14% in first quarter as Gucci crisis deepens
PARIS -The crisis at Kering's flagship Gucci label deepened in the first quarter ... "Kering faced a difficult start to the year." Store traffic at the group, which also owns fashion houses ...