Kering Shares Drop After Sales Miss Estimates on Tourism DeclineBy
Stock declines as much as 4.3% after Gucci Sales Decelerate
Bottega Veneta's revenue dropped twice as much as expected
Gucci owner Kering SA fell as much as 4.3 percent after the French luxury-goods maker reported first-quarter revenue that trailed analysts’ estimates as slowing tourism arrivals in Europe weighed on demand for Bottega Veneta handbags.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.