Kering articles
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Kering shares sink 9% after profit warning on declining Gucci sales
Shares of French luxury group Kering sank more than 9% Wednesday after the company warned it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.
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Luxury retailer Kering warns of profit slump as Gucci burdens continue
Kering braces for a profit slump in the first half of the year as the French luxury goods giant struggles to win back Gucci sales.