![[Podcast] Behind the Breakthroughs: How Almac Powers Clinical Trial Success with Care](https://imgproxy.divecdn.com/5lAJkli_KcGt1FSsw4EaegjgP76IHREqYEWbhNBJOXw/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9CaW9QaGFybWFEaXZlXzEzNDZfeF83MjlfQXJ0d29yay5qcGc=.webp)
.jpg)
France’s Kering reports 14% drop in Q1 revenue amid Gucci's struggles
Kering has reported a 14 per cent decline in Q1 2025 revenue, reaching €3.9 billion (~$4.25 billion). Gucci saw a significant revenue drop of 24 per cent, while Bottega Veneta's revenue rose by 4 per cent. The group closed 25 stores, reducing its directly operated network to 1,788 units. Wholesale revenue declined by 33 per cent, and overall sales from the group’s other houses dropped by 11 per cent.
Kering has reported a 14 per cent decline in Q1 2025 revenue, reaching €3.9 billion (~$4.25 billion).
Gucci saw a significant revenue drop of 24 per cent, while Bottega Veneta's revenue rose by 4 per cent.
The group closed 25 stores, reducing its directly operated network to 1,788 units.
Wholesale revenue declined by 33 per cent, and overall sales from the group’s other houses dropped by 11 per cent.
