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April 15, 2026
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Commerce

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. Luxury Unfiltered: The Q1 number luxury will celebrate is the one that should worry it most
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  4. Luxury Daily is evolving.
  5. The Langham Shanghai restaurant earns second Michelin star
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