Gucci’s first-quarter sales dropped by 20%
Kering stated that the steeper-than-expected decline in Asia was the reason behind Gucci's 20% sales decline during the first-quarter.
Kering invests in a start-up specialising in biomaterials 2024
Kering is considering to invest in Sqim, also known as Mogu, an Italian company. Sqim is known for its biomaterials.