04
Nov, 24
Things aren’t looking great at Gucci, and Kering says its Asia Pacific slump is to blame
Gucci just had a bad quarter, and Kering is attributing the lackluster performance to a slump in its Asia Pacific market. The Italian luxury brand saw a 25% drop in quarterly revenue as compared to a year before. Gucci’s parent company, French luxury group Kering, reported $1.77 billion in sales in the third quarter of […]