Gucci owner Kering’s shares suffer historic fall after sales warning

March 20, 2024
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Gucci owner Kering had its worst ever day on the Paris stock market Wednesday after it warned that it was expecting a sharp drop in sales in the first quarter.

Kering shares closed 11.9 percent lower at 375.20 euros ($405) after earlier having been down more than 15 percent. 

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Gucci owner Kering had its worst ever day on the Paris stock market Wednesday after it warned that it was expecting a sharp drop in sales in the first quarter.

Kering shares closed 11.9 percent lower at 375.20 euros ($405) after earlier having been down more than 15 percent. 

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Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

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