Gucci in Focus as China Lockdowns Weigh on Kering Q1 Sales
Disruptions from COVID-19 lockdowns in China cast a cloud on forecast-beating first-quarter sales from Gucci owner Kering on Thursday, even as the group pointed to sustained demand from the United States and Western Europe for its high-end fashion and leather goods labels. Group sales for the three months ending in…
Asharq Al-Awsat ·