Search results
Gucci Sales Drop 18% In Q1 Amid China’s Slowdown And Demand For ‘Quiet Luxury’
Forbes· 2 weeks agoGucci, where Kering derives around half of its sales and more than two-thirds of its profits, saw...
Kering issues profit warning as Gucci sales plunge
Proactive Investors· 2 weeks agoGucci and Yves Saint Laurent owner Kering SA (EPA:KER) shares dropped more than 7% after it issued a profit warning on Wednesday. The luxury fashion...
Kering shares drop 8.5% after profit warning By Reuters
Investing.com· 2 weeks agoThe revenue decline and investment needed in the brand will hurt first-half profits, with Gucci not...
Kering Forecasts 40-45% Drop in H1 Operating Profit as Gucci Sales Tumble
WWD via Yahoo Finance· 2 weeks agoWhile the brand regularly upgrades its store network, it won’t introduce a new store concept until...
Gucci owner Kering struggles to revive the luxury fashion house, shares slip after it issued its...
Fortune· 2 weeks agoKering’s 20% share slump this year contrasts with gains by French rivals LVMH and Hermes International. Kering is struggling to revive the fortunes of Gucci ...
Kering shares plunge as Gucci slowdown seen hitting profits by up to 45%
Morningstar· 2 weeks agoKering shares fell 8% on Wednesday after the French fashion house said it expects to see its profits drop by up to 45% in the first half ...
Gucci Owner Kering Expects Sharp Drop in Operating Profit After China Weighs on Sales
The Wall Street Journal· 2 weeks agoIn February, Kering issued its first profit warning of the year, expecting results to take a hit in...
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
Reuters via Yahoo Finance· 2 weeks agoSales for the three months ending in March stood at 4.5 billion euros ($4.82 billion), down 10% on a comparable basis. Kering had warned on March 19 that sales over the period ...
Kering shares slip after fashion giant warns of first-half profit drop By Investing.com
Investing.com· 2 weeks agoKering's revenue on a comparable basis fell 10% during the three months ended in March to 4.50...
Kering warns H1 operating profit to tumble as Gucci sales fall By Reuters
Investing.com· 2 weeks agoKering had warned on March 19 that sales over the period were likely to drop by around 10%, dashing...