Luxury Meltdown: Kering’s Gucci Warning Sends Shares Crashing Most Since 1992 | ZeroHedge
From: zerohedge Luxury Meltdown: Kering’s Gucci Warning Sends Shares Crashing Most Since 1992 | ZeroHedge Shares of French luxury group Kering tumbled as much as 15% on Wednesday–the largest drop in more than three decades. The luxury goods company issued a profit warning, expecting sales at Gucci, its biggest brand, to plunge 20% year-on-year in […]
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