Luxury retail group Kering warns on profits as sales slide
Gucci owner Kering has warned on profits during the first half of the year as sales slipped at the luxury fashion house during its first quarter.
Kering, which owns brands including Gucci, Alexander McQueen, Yves Saint Laurent, Balenciaga and Bottega Veneta, posted group revenue during the first quarter of €4.50m (£3.87m) during the first quarter, a decline of 11% on a reported basis.
Already have an account? Sign in here