Paris, April 23, 2025 (AFP) - Kering sales slide 14% amid Gucci slump

NAMPA / AFP

2025-04-23

French luxury group Kering said first quarter revenues slid 14 percent to 3.9 billion euros ($4.4 billion) as sales at its flagship Gucci brand slumped further. Kering has struggled to turn things around at Gucci, which accounts for half of group sales, but they fell 24 percent in the first three months of this year compared to the same period last year, when they were down a fifth. Gucci sales fell by 23 percent last year overall, contributing t......

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