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    Home » Luxury Fashion: Gucci Sales Tumble in First Quarter as Kering Struggles to Revive Demand

    Luxury Fashion: Gucci Sales Tumble in First Quarter as Kering Struggles to Revive Demand

    April 24, 2025 Business and Money Vids 1 Min Read
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    Gucci, Kering SA’s biggest brand, saw sales tumble in the first quarter. Sales dropped 25% on a comparable basis, a slightly bigger fall than analysts were expecting. Kering has lost about half its market value in the past year, a worse performance than rivals LVMH Moët Hennessy Louis Vuitton, SE Hermes International SCA and Richemont. Bloomberg’s Angelina Rascouet reports.
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