Luxury
Kering Shares Surge as Gucci Sales Rebound on New Collection
Gucci sales surged past pre-pandemic levels in the fourth quarter as luxury group Kering SA’s biggest brand drew shoppers to its latest ready-to-wear collection. Comparable revenue at Gucci rose 32% to 3.07 billion euros ($3.5 billion), Paris-based Kering said Thursday, almost double analysts’ expectations for growth. Kering shares rose as…
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