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Keing slightly exceeds the fourth quarter forecasts, but sales in the Gucci brand brand in the 24% shock


A Gucci store, operated by Kering SA, in the Sanlitun area of ​​Beijing, China, on Saturday, October 12, 2024.

Bloomberg | Bloomberg | Getty images

French luxury goods company Dry On Tuesday, he informed that the sales of the fourth quarter better that, however, were neglected year after year amid the demand behind his main Gucci label.

The high -end fashion group, whose brands also include Bottega Veneta, Balenciaga and Alexander McQueen, recorded a 12% decrease in the revenue of the fourth quarter to 4.39 billion euros ($ 4.52 billion), just a little for In front of 4.29 billion euros for LSEG Analyst analysts.

Sales throughout the year also fell 12% to 17.19 billion euros compared to the anticipated 17.09 billion euros.

This is a last minute news and will be updated shortly.



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