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Declining profit and revenues. Gucci weighs (-20%)

Summary by Quotidiano Nazionale
Kering (photo: president and CEO François-Henri Pinault) closed the first half with revenues of 9 billion, down 11% compared to the same period last year. The performance of the Gucci brand weighs, with a turnover of 4.1 billion, down 20%. Recurring operating profit fell 42% to 1.6 billion.
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