Investors are looking for the next turnaround story in luxury. Gucci-owner Kering SA seems like a good fit.

But with the company warning on Thursday that investing in its brands will mean a decline in operating profit this year, that longed-for revival remains some way off.

QOSHE - Kering's Gucci Can Be Revived But It Won't Go Viral - Andrea Felsted
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Kering's Gucci Can Be Revived But It Won't Go Viral

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09.02.2024

Investors are looking for the next turnaround story in luxury.........

© Bloomberg

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