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Trouble In The House Of Gucci: Kering Struggles To Revive The Brand’s Sparkle – Forbes

Trouble In The House Of Gucci: Kering Struggles To Revive The Brand’s Sparkle – Forbes

 

Kering, owner of Gucci, Yves Saint Laurent, Bottega Veneta, Balenciaga, and Alexander McQueen brands and the world’s second-largest luxury conglomerate after LVMH, reported very depressing results for the third quarter of 2023. With a 13% reported decline overall and a 9% comparable shortfall, revenues… 

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