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Published 13 days ago

Gucci-owner Kering posts 10% drop in Q1 sales

Summary by RTÉ
French luxury group Kering expects a 40% to 45% plunge in first-half operating profit, it said today, after first-quarter sales declined as wealthy shoppers curbed spending on products from its star label Gucci.

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Gucci-owner Kering posts 10% drop in Q1 sales

French luxury group Kering expects a 40% to 45% plunge in first-half operating profit, it said today, after first-quarter sales declined as wealthy shoppers curbed spending on products from its star label Gucci.

13 days ago·Ireland
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