Gucci sales fell, hurt by the conflict in the Middle East. Revenue at the Kering SA brand slid 8% on a comparable basis during the first quarter. Analysts were expecting a drop of 4.3%. Bloomberg Intelligence’s Deborah Aitken breaks down the situation.
Gucci Sales Down, Revenue Slides
Gucci sales fell, hurt by the conflict in the Middle East. Revenue at the Kering SA brand slid 8% on a comparable basis during the first quarter. Analysts were expecting a drop of 4.3%. Bloomberg Intelligence’s Deborah Aitken breaks down…
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