Luxury Goods
Kering revenues plummet to €3.9bn amid Gucci sales decline
In the first quarter, the group also closed 25 stores on a net basis, bringing its directly operated network to a total of 1,788 units
Luxury retail group Kering has reported a 14% drop in revenues to €3.9bn (£3.31bn) in Q1 2025 as its flagship brand Gucci saw sales decline by 24% to €1.6bn (£1.37bn).
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