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Kering plummets on stock exchange due to new drop in Gucci sales

Kering, the French luxury goods group and owner of Gucci, plummeted 16% on the stock exchange after announcing on Thursday a drop in sales in the third quarter due to weak demand in China and the war in the Middle East, which have particularly affected its flagship brand.

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Kering plummets on stock exchange due to new drop in Gucci sales

We haven't written up this one. Expansion ES has the full story — the link below goes straight to it.

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