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Kering issues profit warning as Gucci sales drop

March 21, 2024

Luxury shares tanked following the unscheduled announcement on Tuesday. Image credit: Kering Luxury shares tanked following the unscheduled announcement on Tuesday. Image credit: Kering

 

By Luxury Daily News Service

French luxury conglomerate Kering is preparing investors for a sobering Q1 earnings report.

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  1. Actress Demi Moore joins Kérastase as global brand ambassador
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  5. Dior introduces actor Josh O’Connor as newest ambassador
  6. Louis Vuitton marks monogram anniversary with NYC pop-up
  7. Tiffany’s Blue Box Café enters Mainland China in renovated Shanghai Tiffany store
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