The luxury conglomerate’s third-quarter report showed a 25% drop in year-over-year revenue at Gucci and an overall 16% sales drop across its brands. Saint Laurent posted a 12% sales drop, and sales at ...
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 ...