Kering Shares Drop 11% as Gucci Sales Slide
Kering shares fell 10% Friday after the group reported further sales declines. It reaffirmed CEO Luca de Meo's turnaround plan and said it would accelerate store closures, targeting 125 by year-end.
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Kering shares fell 10% Friday after the group reported further sales declines. It reaffirmed CEO Luca de Meo's turnaround plan and said it would accelerate store closures, targeting 125 by year-end.