Wealth

Kering shares sink 9% after profit warning on declining Gucci sales

Shares of French luxury group Kering sank more than 9% Wednesday after the company warned it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.

adminadmin
May 15, 2024 - 23:01
 0  13
Kering shares sink 9% after profit warning on declining Gucci sales
Shares of French luxury group Kering sank more than 9% Wednesday after the company warned it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.
Read More

Tags:

Previous Article

The new class war: A wealth gap between millennials

Next Article

Warren Buffett downsized his Apple stake for tax reasons. Here's what it means

admin
admin

Related Posts

An art market full of cracks is about to face a $1 billion test

An art market full of cracks is about to face a $1 bill...

admin May 15, 2024  0  9

Endowment tax in focus: Here's what to know

Endowment tax in focus: Here's what to know

admin Aug 9, 2024  0  18

Millennials are ‘very ill-prepared’ to be the richest generation in history, wealth manager says

Millennials are ‘very ill-prepared’ to be the richest g...

admin Jul 1, 2024  0  15