Gucci is being ghosted.

Parent Kering SA warned on Tuesday that its first-quarter sales, excluding currency movements and mergers and acquisitions, would decline by about 10%. Gucci’s are expected to be down by almost 20%, primarily reflecting weakness in Asia. The shares fell as much as 15%.

QOSHE - Gucci Hits Some Bumps on the Way Down to a Soft Landing - Andrea Felsted
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Gucci Hits Some Bumps on the Way Down to a Soft Landing

8 1
20.03.2024

Gucci is being ghosted.

Parent Kering SA warned on Tuesday that its........

© Bloomberg

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