Kering aims to double margins in turnaround push
Sales at luxury group’s biggest brand Gucci have fallen sharply in an industry-wide downturn
- Kering CEO pledges to double profit margins and boost Gucci Reuters —
- Kering looks to double profits as it unveils ambitious turnaround plan to revive Gucci CNBC —
- Gucci Owner Kering Plans to Complete Structural Reset This Year in Bid to Revive Fortunes Wall Street Journal —
- Hermès and Gucci shares tank in ‘dismal’ week for luxury brands City AM —