Kering’s Gucci Faces 46% Profit Plunge Before New CEO Takes Office
A Gucci store in Paris, where its parent company Kering is based – Copyright AFP/File Hector RETAMALKatell PRIGENTFrench luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO