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.

Gucci sales to slump 20% in Q1, Kering warns

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

Gucci Sales Fall 4% in Q4 2023

News updates from March 20: Fed signals 75 bps of 2024 cuts; Reddit prices shares at top end of IPO range

CNBC on LinkedIn: Germany's refusal to send 'Taurus' missiles to Ukraine is highly…

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

Sahil Alvi-Khan (@sahil_alvi) / X

Luxury Meltdown: Kering's Gucci Warning Sends Shares Crashing Most Since 1992

Kering Issues Q1 Profit Warning, Expects 10 Percent Revenue Decline

Gucci sales to fall by 20% due to Asia slowdown

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

Gucci sales to plunge 20% in Q1 on Asia slowdown

Gucci owner Kering issues rare luxury sector profit warning after Asia slowdown