Gucci sales to plunge 20% in first quarter on Asia slowdown, Kering says

Kering’s American depositary receipts tumbled 9% late Tuesday after the company’s unscheduled update. The fashion group has been trying to revitalise Gucci, the Italian label that accounts for about two-thirds of profit, without success.

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Gucci sales to plunge 20% in first quarter on Asia slowdown

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Gucci sales to slump 20% in Q1, Kering warns

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Gucci parent Kering's shares plunge 15% as sales in Asia nosedive

Gucci and Saint Laurent owner Kering follows Burberry in issuing a rare profit warning as luxury sales in Asia stall