Gucci sales to plunge 20% in first quarter on Asia slowdown, Kering says
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Kering’s American depositary receipts tumbled 9% late Tuesday after the company’s unscheduled update. The fashion group has been trying to revitalise Gucci, the Italian label that accounts for about two-thirds of profit, without success.
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Gucci sales to plunge 20% in first quarter on Asia slowdown
