Gucci Closed 84 Stores in Six Months as Sales Fell 12%

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Reuters reported a 12% drop as investors weighed the ongoing pressure on Gucci's sales, lower demand for luxury goods and the group's accelerated store closure program. The post Gucci closed 84 stores in six months as sales fell 12% appeared first on in.gr.

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The French luxury house Kering is making progress in the development of new operating platforms, the acceleration of the closing of shops with at least 125 net stores, from 100, and the general discipline of operating expenses. Although the problem of the third quarter has fallen in general demand, it has worsened in the [...] The entry Gucci again loses sales and Kering raises to 125 the number of shops that will close in full crisis aparece pr…