Kering’s American depositary receipts tumbled 9% late Tuesday after the company’s unscheduled update. The fashion group has been trying to revitalise Gucci, the Italian label that accounts for about two-thirds of profit, without success.
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Gucci Sales to Plunge 20% in First Quarter on Asia Slowdown, Kering Says - BNN Bloomberg
Gucci sales to fall by 20% due to Asia slowdown
Kering Issues Q1 Profit Warning, Expects 10 Percent Revenue Decline
Gucci Sales to Plunge 20% in Q1 on Asia Slowdown, Kering (KER FP) Warns - Bloomberg
Gucci Sales to Plunge 20% in Q1 on Asia Slowdown, Kering (KER FP) Warns - Bloomberg
Gucci Sales Fall as Kering Lags Rivals Facing Luxury Slowdown - Bloomberg
Gucci Sales to Plunge 20% in Q1 on Asia Slowdown, Kering (KER FP) Warns - Bloomberg
Gucci sales fall as weakness persists at Kering's top label, Companies & Markets - THE BUSINESS TIMES
Luxury slowdown further challenges Gucci revival, Consumer & Healthcare - THE BUSINESS TIMES
Kering issues luxury profit warning, Gucci sales to plunge 20%
