Gucci pins profits revival hopes on winter 03 leather goods collection
04/07/2003
The world’s third largest luxury goods maker, Gucci Group NV, has posted its worst results to date, after the firm’s first quarter 2003 profits plunged 88.7% to Eur5.8 million ($6.6 million) and sales declined 6.7% to Eur567.1 million ($650.2 million).
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