By A Mystery Man Writer
Kering’s American depositary receipts tumbled 9% late Tuesday after the company’s unscheduled update. The fashion group has been trying to revitalise Gucci, the Italian label that accounts for about two-thirds of profit, without success.
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Gucci sales to slump 20% in Q1, Kering warns
Kering warns of a 20% slump in Gucci sales for the first quarter
Is Time Running Out For Luxury in China? - CKGSB
Gucci sales to plunge 20% in Q1 on Asia slowdown
Luxury slowdown further challenges Gucci revival, Consumer & Healthcare - THE BUSINESS TIMES
Gucci's sales growth eases in Q2 as China lockdowns weigh
Sahil Alvi-Khan (@sahil_alvi) / X
Gucci sales fall as weakness persists at Kering's top label, Companies & Markets - THE BUSINESS TIMES
Luxury goods firm LVMH sales growth loses fizz as post-pandemic splurge wanes