The share price of Kering, which markets the Gucci brand, fell to a seven-year low in trading this morning after the company published its flash report. The luxury firm's revenue fell sharply in the first half, partly due to a drop in sales in China, and management had a weak outlook for the second half of the year as well.
The share price of Kering, which markets the Gucci brand, fell to a seven-year low in trading this morning after the company published its flash report. The luxury firm's revenue fell sharply in the first half, partly due to a drop in sales in China, and management had a weak outlook for the second half of the year as well.