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Gucci Revenue Dives by 25%, Kering Warns of Weakest Annual Profit in Years

The sector-wide luxury slowdown continues to claim more victims as French luxury conglomerate Kering warned that profits may post even lower than the already poor forecast due to declining performance at its flagship brand Gucci.Kering's third-quarte


  • Nov 13 2024
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Gucci Revenue Dives by 25%, Kering Warns of Weakest Annual Profit in Years
Gucci Revenue Dives by 25%, Kering Warns of Weakest Annual Profit in Years
The sector-wide luxury slowdown continues to claim more victims as French luxury conglomerate Kering warned that profits may post even lower than the already poor forecast due to declining performanc… [+1145 chars]

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