19 Hrs
Source:
اقتصاد سكاي نيوز عربية
Kering Shares Drop Over Gucci Concerns
Shares of the French Kering Group declined by more than 10% following the announcement of financial results that dampened investor confidence. While sales remained steady at €3.34 billion in the third quarter, the sales of the flagship Gucci brand fell by 4% to €1.29 billion, marking a larger decline than the previous quarter. This reflects the ongoing decrease in the appeal of the luxury brand.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)