Gucci-Owner Kering Nears “Point Of Stabilization” After Brutal Luxury Downturn

From ZeroHedge

Gucci owner Kering SA reported fourth-quarter earnings that showed a modest improvement following a prolonged downturn in the luxury market that rippled through Asia and the West in recent years. Some Wall Street analysts are asking if the worst is over.  Kering reported a 12% drop […]

Feb 11th 2025 7:20am EST

Source Link: https://www.zerohedge.com/markets/gucci-owner-kering-nears-point-stabilization-after-brutal-luxury-downturn

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