Paris, Oct 22, 2025 (AFP) - Kering quarterly sales slump 10%, again dragged down by Gucci

NAMPA / AFP

2025-10-22

French luxury group Kering said Wednesday its revenue fell 10 percent in the third quarter as Gucci continued to struggle, underscoring the challenges for its new chief Luca de Meo. Sales at Gucci, by far the group's biggest brand, dropped 18 percent from a year earlier to 1.34 billion euros, while Yves Saint Laurent sales fell seven percent to 620 million euros. That helped pull down overall revenue to 3.4 billion euros ($4 billion), ahead of an......

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