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Kering’s debt burden grows as Gucci strategy falters
Kering’s push to reduce its reliance on Gucci through costly acquisitions has backfired, leaving the group and its parent Artemis heavily indebted amid rising rates and a luxury market slump.
Kering’s push to reduce its reliance on Gucci through costly acquisitions has backfired, leaving the group and its parent Artemis heavily indebted amid rising rates and a luxury market slump.
