Kering’s biggest leathergoods brand, Gucci, registered first-half sales of just under €1.7 billion in 2014, a decline of 4.5% compared to the same period last year. In contrast, the group’s second-biggest leathergoods brand, Bottega Veneta, recorded growth of 12.9% to post sales of €525.5 million. From May 2014, the group divided its luxury...

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