Gucci sales to plunge 20% in first quarter on Asia slowdown, Kering says

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.

Gucci Sales to Plunge 20% in Q1 on Asia Slowdown, Kering (KER FP) Warns - Bloomberg

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Gucci Sales Fall as Kering Lags Rivals Facing Luxury Slowdown - Bloomberg

Kering Issues Q1 Profit Warning, Expects 10 Percent Revenue Decline

Gucci sales to plunge 20% in first quarter on Asia slowdown – The Irish Times

Gucci sales fall 20% in first quarter amid Kering warning, Josef Anger posted on the topic