March 21, 2024 BY Elizabeth Anderson

Kering SA Shares Plunge After Announcing Q1 Gucci Sales Drop

The group said that one of its brands, Gucci, saw sales that are likely to drop by approximately 20%. Kering further indicated that it will release its Q1 2024 financials on 23 April 2024. Bloomberg reported that the group experienced its toughest day on the trading floor since March 2020, as it lost around €6.3bn…

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