Kering slightly wins forecasts in the fourth quarter, but sales on the built -in brand Gucci beats 24%
Gucci stores operated by Keking S, in the Sanlitun area in Beijing, China, on Saturday, October 12, 2024.
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French company for luxury goods Kering On Tuesday, he reported the better than the expected sale in the fourth quarter, which was nevertheless still in relation to one year, due to the backward demand for his main publishing Gucci.
The top fashion group, whose brands include Bottega Veneta, Balenciaga and Alexander McQueen, recorded a 12% drop in revenue in the fourth quarter at 4.39 billion euros ($ 4,52 billion), just slightly in front of 4.29 billion euros for the forecast of LSEG analysts .
The entire sales also fell by 12% to 17.19 billion euros compared to the expected € 17.09 billion.
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