_kering-shares-plunge-14-as-gucci-sales-forecasted-to-drop-20-in-q1.jpg "Kering Shares Plunge 14% as Gucci Sales Forecasted to Drop 20% in Q1 from gucci site officiel belgique Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:35
👁 View: 360K times
✓ Published: 21-Mar-2024
👁 View: 360K times
✓ Published: 21-Mar-2024
Description:
Kering shares plunged 14% after the company warned that Gucci sales are expected to fall 20% in the first quarter amid declining Asia transactions. The rare profit warning forecasts that Kering's overall first-quarter revenues will drop 10% due to a steeper sales drop at Gucci. Kering's warning dragged down shares of other European luxury giants LVMH, Dior, Hermes, and Burberry, by 2 to 5%. Gucci has struggled to retain market share as consumers tighten their belts due to inflation and shift to \
Kering shares plunged 14% after the company warned that Gucci sales are expected to fall 20% in the first quarter amid declining Asia transactions. The rare profit warning forecasts that Kering's overall first-quarter revenues will drop 10% due to a steeper sales drop at Gucci. Kering's warning dragged down shares of other European luxury giants LVMH, Dior, Hermes, and Burberry, by 2 to 5%. Gucci has struggled to retain market share as consumers tighten their belts due to inflation and shift to \
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_harvey-nichols-leeds-store-stages-spring92-summer-2024-fashion-show-at-fourth-floor-restaurant.webp "Harvey Nichols Leeds stages a spring/summer 2024 fashion show at its Fourth Floor Restaurant. Yorkshire Post Fashion Editor Stephanie Smith attended to see the key SS24 looks from Stella McCartney, Dolce & Gabbana, Simone Rocha, Bytimo, Paul Smith, Max Mara, Gucci, Alice & Olivia, Saint Laurent and more.")
⏲ 1:9 👁 2.9M
_les-coulisses-du-luxe-gucci-les-ateliers-de-cration.webp "lofficielTV")
_ninho-tout-en-gucci-clip-officiel.webp "Ninho")
_gucci-unboxing-website-version.webp "The Watch Hut")
_diesel-gucci-bisous-bye-feat-innossb-official-vido.webp "Diesel Gucci")
_chris-brown-ft-gucci-mane-usher-party.webp "Chris Brown ft. Gucci Mane, Usher new music video Party")
_fouiller-les-poubelles-des-magasins-de-luxe-louis-vuitton-gros-jackpot.webp "Kryptoo")
⏲ 23 minutes 53 seconds 👁 307.3K
_harvey-nichols-leeds-store-stages-spring92-summer-2024-fashion-show-at-fourth-floor-restaurant.jpg)
_les-coulisses-du-luxe-gucci-les-ateliers-de-cration.jpg)
_ninho-tout-en-gucci-clip-officiel.jpg)
_gucci-unboxing-website-version.jpg)
_diesel-gucci-bisous-bye-feat-innossb-official-vido.jpg)
_chris-brown-ft-gucci-mane-usher-party.jpg)
_fouiller-les-poubelles-des-magasins-de-luxe-louis-vuitton-gros-jackpot.jpg)
![[+]](/images/menu.gif){kind=small}