A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024.
Shares of Kering popped on Tuesday after the French luxury goods firm reported better-than-… [+3999 chars]
Kering shares pop 6% on fourth-quarter beat even as sales at embattled Gucci brand lag - CNBC
French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.
By:Karen Gilchrist
Source:CNBC
Published:
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