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Gucci Forecasts 20% Decrease in Sales Amidst Asia Economic Slowdown Kering, the Paris-based owner of Gucci, has issued a warning indicating an expected 20%...
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All posts tagged "Gucci"
Business
European Union antitrust inspectors investigated Gucci’s Milan headquarters this week as part of a multi-country inquiry into Europe’s luxury goods business. On Tuesday, the...
Business
On Wednesday, Italian tax authorities investigated Gucci’s Milan headquarters as part of a European Union inquiry investigating suspected business practice infractions. According to the...
Business
Kering (PRTP.PA),(PRTP.PA), a French luxury goods conglomerate, saw its most valuable brand, Gucci, lose 7% of sales in the fourth quarter due to COVID-19...
Business
Milan-based luxury group Prada SpA reported sales were only up one percent, which indicates an unfortunate decrease from previous years. According to Bloomberg News,...