Oct 24th, 2024
Gucci Revamp Pain Hits Kering's Profit
Gucci saw a slump in demand from China for its luxury goods, hampering reset plans at the French label amid a slowdown in the sector. Parent company Kering warns that its annual profit will fall to the lowest level since 2016 with the company on track for their worst annual performance since 2008. Bloomberg's Angelina Rascouet reports from Paris on "The Pulse with Francine Lacqua."







