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July 25, 2024
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Commerce

Revenue at Gucci, Kering’s biggest brand, dips 20pc in H1

July 25, 2024

According to Reuters, the group’s shares sank 7.7 percent this morning after already hitting their lowest level in seven years earlier in the week. Image credit: Kering Kering warns that with subdued demand, recurring operating income in the second half of the year remains at risk. Image credit: Kering

 

By Luxury Daily News Service

French luxury conglomerate Kering is struggling to turn brand performances around.

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