The Miami Entrepreneur

Kering shares sink 9% after profit warning on declining Gucci sales

Read Time:10 Second

Shares of French luxury group Kering sunk more than 9% Wednesday after the company warned that it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post HD Hyundai’s Ship Maintenance Firm to Raise $540 Million in South Korea IPO
Next post Evotec shares lose a third of their value on cloudy outlook