Gucci Slump Continues to Weigh on Kering's Sales Performance Blog

Gucci Slump Continues to Weigh on Kering’s Sales Performance

Kering, the prestigious French luxury conglomerate, is facing significant hurdles, with Gucci, its flagship brand, continuing to experience a troubling decline. The company reported a 12% drop in its fourth-quarter sales, primarily driven by a 24% fall in Gucci’s performance. Despite its efforts to revitalize the brand, Gucci’s slump has weighed heavily on Kering’s overall […]