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 Down 20% in First Quarter, Kering Forecasts

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

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Gucci sales to fall by 20% due to Asia slowdown

Angelina Rascouet - Bloomberg

Gucci Sales Fall as Kering Lags Rivals Facing Luxury Slowdown - Bloomberg