Business|Opinion FeaturedMember
Kering bets on Gucci revival despite lagging sales, as investors maintain optimism
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its flagship brand. Yet, despite the challenging period, investor sentiment remains surprisingly upbeat. Shares in Kering rose following its financial reporting and abrupt departure of Gucci’s creative director Sabato De Sarno, who...
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