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Shares in Gucci Owner Kering Fall

Reuters on MSN · 6h

Gucci-owner Kering's shares down 5% after Q1 sales disappoint

By Mimosa Spencer PARIS (Reuters) -Shares of Kering traded down 5% in European morning trade on Thursday, after the group reported a first-quarter sales drop that was worse than analysts' expectations.

The Wall Street Journal on MSN · 8h

Shares in Gucci Owner Kering Fall After Sales Disappoint

The stock fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts’ expectations, unnerving investors as the group navigates a slowdown in luxury-goods spending.

NBC New York · 9h

Shares of Gucci-owner Kering drop 5% after first-quarter sales slump

Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.

1don MSN

Kering Sales Fell 14% in Q1, Dragged Down by Continued Weakness at Gucci

The cash-cow Italian brand, down 24 percent in the three-month period, is awaiting Balenciaga fashion star Demna to rev up ...

5h

Kering shares down 5% after Q1 sales miss disappoints

STORY: Kering shares proved unfashionable for investors Thursday (April 24).The stock dropped 5% after the luxury fashion ...

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