Fashion

Kering Profits Expected to Tank in First Half of 2024

Kering Profits Expected to Tank in First Half of 2024


Kering’s recurring operating income for the first half of 2024 is expected to decline by up to 40-45%, compared to the same period last year, the luxury conglomerate announced on Tuesday. In a performance update for investors, the parent company of Gucci, Bottega Veneta and Saint Laurent …

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