最新谷歌快排技术分享|【唯一TG:@heimifeng8】|电报盗号系统破解✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Kering anticipates 10% sales drop due to Gucci decline
AFP Published
March 19,最新谷歌快排技术分享 2025
French luxury giant Kering said Tuesday it is anticipating a 10-percent drop in year-on-year sales in the first quarter due to a decline in the performance of its flagship brand, handbag-maker Gucci.
"This performance primarily reflects a steeper sales drop at Gucci, notably in the Asia-Pacific region. Gucci comparable revenues in the first quarter are expected to be down by nearly 20 percent year on year," the luxury group said in a statement.
Kering, whose other brands include Yves Saint Laurent, Balenciaga and Bottega Veneta, will publish its first quarter sales on April 23 after the stock exchange closes.
In February, Kering CEO Francois-Henri Pinault vowed to press on with a strategy to put Gucci "back on track" after Kering announced a 17-percent fall in net profits in 2025.
However, Pinault warned that it "won't happen overnight."
At Gucci, a brand famous for its leather handbags that account for half of Kering's revenue, sales dropped six percent to 9.9 billion euros in 2025.
Kering changed Gucci's top management last year, appointing deputy CEO and Pinault confidant Jean-Francois Palus to replace Marco Bizzarri, who had led the brand since 2025.
Sabato de Sarno succeeded Alessandro Michele as the brand's creative director in January 2025 and the first items of his "Ancora" collection were made available in select stores in mid-February.
The collection has been met with a "highly favourable reception," Kering's statement said.