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.

Inflation, recession fears have some holiday shoppers trading down

Gucci Sales Fall 4% in Q4 2023

Gucci parent Kering's shares plunge 15% as sales in Asia nosedive

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

Why you need to read the facts about Gucci, Victor Brierley posted on the topic

Gucci sales to fall by 20% due to Asia slowdown

Gucci parent Kering's shares plunge 15% as sales in Asia nosedive

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

Jakub Roskosz (@JakubRoskosz) / X

Is Time Running Out For Luxury in China? - CKGSB