Gucci loses momentum as year-on-year sales slow down

What goes up must come down. Or at least fly level. Growth rates have ceilings and plateaus, of which luxury brands are as privy to as any other business sector. So too at Gucci, which has seen its year-on-year sales level out from a stellar growth of 42.8 percent in 2017 to 34.9 percent last year and just 10.7 percent in the most recent quarter. Saint Laurent saw a growth of 10.8 percent in comparison.