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Rekindled Gucci Desirability Fails to Light Flame Under Kering Sales

Gucci’s sales decline to €1.29 billion as Kering keeps its full-year guidance and says store traffic remains the main constraint.

Summary by France24
At 3.34 billion euros ($3.75 billion) in the three months to the end of September, Kering's sales were stable from the same period last year, in line with analyst expectations. Excluding exchange rate fluctuations and changes to the business, sales dipped one percent. Sales at Gucci fell by four percent to 1.29 billion euros. That is worse than the three percent decline registered in the second quarter, but Kering downplayed the decline as bein…

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PARIS (ANP/BLOOMBERG) - Sales of luxury brand Gucci fell more sharply in the third quarter than analysts had widely expected, primarily due to weak figures in China. The recovery plan for the brand of the French luxury group Kering has been struggling for years. Yet not all Western brands have the m...

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WWD broke the news in New York, United States on Thursday, October 22, 2026.
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