Gucci Sales to Plunge 20% in First Quarter on Asia Slowdown, Kering Says

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Gucci Sales to Plunge 20% in First Quarter on Asia Slowdown, Kering Says
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Kering SA warned that sales at Gucci will plunge about 20% in the first quarter due to a steeper than expected decline in the Asia-Pacific region, widening the gap between the French luxury company and its main rivals.

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