News

Troubles at Gucci but Bottega grows strongly

22/04/2015

Luxury goods good Kering has reported first-quarter group revenues of €2.7 billion, 11% higher than last year, but sales at its largest brand, Gucci, fell 8% on a comparable basis. Kering CEO François-Henri Pinault said this reflected the transformation at the Italian brand – its chief executive and creative director departed last December. He...

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