Gucci Slump Pushes Kering Sales Down 7% in Q4
Sales at French luxury group Kering fell 7% in the fourth quarter, dragged lower by a slump in revenue at its biggest brand Gucci reflecting COVID-19 disruptions in China. Gucci's revenue fell 14% on a comparable basis to 2.73 billion euros ($2.92 billion) to lag an analysts' consensus for an…
Asharq Al-Awsat ·