US EditionGucci Owner Kering Posts 46% Profit Slump Before New CEO Arrives
UNITED STATES, JUL 29 – The signed sneakers worn by Kobe Bryant in his first NBA start sold for $240,000, marking the second-highest price for his game-worn shoes at auction, SCP Auctions reported.
- SCP Auctions realized $240,000 from Kobe Bryant's game-worn Adidas EQT Top Ten 2000 sneakers, the second-most expensive pair of his shoes ever sold.
- On Monday, Kobe Bryant's game-worn shoes from January 28, 1997, autographed and photo-matched, sold for $240,000 through SCP Auctions.
- In February, Kobe Bryant's shoes sold for nearly 83 million Forints, and his first regular-season game jersey fetched $7 million, highlighting memorabilia value.
- The sale underscores that these items are relics of a man whose legacy transcends stats and championships, highlighting the enduring cultural significance of Bryant memorabilia.
- Bryant's first sneakers marked a 20-year journey producing five NBA championships, a Finals MVP, and Olympic gold medal, influencing NBA footwear trends.
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The company led by François-Henri Pinault announced semi-annual results in sharp decline on Tuesday 29 July.
InsideNoVA.com
Gucci owner Kering posts 46% profit slump before new CEO arrives
French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to regain its footing.
This makes it the second most expensive Kobe Bryant shoe of all time.
Pair of game-worn Kobe Bryant sneakers sells for astronomical amount at auction
Kering’s second-quarter revenues were down 15% amid weak demand at the luxury fashion house. Gucci sales, which make up nearly half of group revenues, plunged 25% over the quarter to 1.46 billion euros. The group flagged weaker sales across all markets, led by Japan and the wider Asia Pacific. Gucci-owner Kering on Tuesday posted worse-than-feared second-quarter results and flagged ongoing geopolitical uncertainty as woes persist at the beleague…
Kering's Net Profit Plunges 46%
French luxury conglomerate Kering announced on Tuesday a significant 46% drop in net profit for the first half of the year, totalling €474 million ($547 million), down from €878 million in the same period last year. Overall sales also fell by 16 per cent to €7.6 billion, primarily driven by continued struggles at its flagship Gucci brand. The group is now looking for a new CEO to help reverse its fortunes. Kering recently appointed Luca de Meo, …
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