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Kering sees 21pc revenue jump in Q1 2022, Gucci’s growth slows

Posted ByLuxury Daily News ServiceOn In Apparel and accessories,Commerce,Industry sectors,News | No Comments
Gucci saw its revenue growth stall, in part due to COVID lockdowns in China. Images courtesy of Gucci

 

By Luxury Daily News Service

French luxury conglomerate Kering saw double-digit revenue growth in the first quarter of 2022, but COVID-related lockdowns are impacting sales in Asia Pacific.