Kering to Close 50 Stores as Gucci’s Sales Plunge

Fourth-quarter sales at Kering’s flagship brand dropped 24 percent. Overall group sales fell 12 percent as management aims to push past an ‘annus horribilis.’

Feb 11, 2025 - 13:54
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Kering to Close 50 Stores as Gucci’s Sales Plunge
Fourth-quarter sales at Kering’s flagship brand dropped 24 percent. Overall group sales fell 12 percent as management aims to push past an ‘annus horribilis.’