Gucci ' s owner is having a terrible year. The company ' s profit and stock have slumped as Asia sales dry up

Gucci's revenue declined significantly in the first quarter. CFOTO/Future Publishing via Getty Images Kering predicts a 45% drop in its first half-year operating income because of Asia's consumer slowdown. Gucci, Kering's largest brand, suffered an 18% revenue decline, with a sharp drop in Asia.…#gettyimageskering #kering #yvessaintlaurent #ysl #carolmadjo #gucci #shanghai #sabatodesarno #valentino
Source: Reuters: Health - Category: Consumer Health News Source Type: news