Saint-Martin
While Kering’s Gucci Warns Of 20% Decline, LVMH Sees Growth In Luxury
Kering just announced its 1Q24 revenues would decline 10%, with Gucci off 20%. But LVMH is entering 2024 with a positive outlook. It's a study in contrasts in luxury.
Beijing, Beijing, China, North-East Asia, Asia
getty
The French luxury conglomerate Kering, number two in the global luxury market, just issued a rare warning that first-quarter revenues are expect… [+10393 chars]
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