Gucci owner Kering tanks 14% after Asia profit warning, dragging down Europe luxury brands
March 20, 2024 Comments Off
French luxury group Kering warned Tuesday that Gucci sales look set to fall 20% in the first quarter as declining Asia sales continue to weigh on the fashion brand.
Gucci owner Kering tanks 14% after Asia profit warning, dragging down Europe luxury brands
French luxury group Kering warned Tuesday that Gucci sales look set to fall 20% in the first quarter as declining Asia sales continue to weigh on the fashion brand.
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