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Gucci owner Kering sees 13pc drop in Q3 2023 sales to $2.33B

October 24, 2023

Gucci, Kering's flagship brand, has seen a slowdown in sales after the departure of creative chief Alessandro Michele. Image credit: Gucci Gucci, Kering's flagship brand, has seen a slowdown in sales after the departure of creative chief Alessandro Michele. Image credit: Gucci

 

By Staff reports

While LVMH, Hermès and Zegna posted positive third-quarter 2023 numbers, Kering suffered a 13 percent drop in revenue for the period to $2.33 billion.

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