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Tag: kering

Gucci parent Kering closes half of China stores, takes sales hit from coronavirus

Zhang Peng | LightRocket | Getty Images Gucci owner Kering SA has closed half of its stores in mainland China and the locations that are still open are operating on reduced hours, CEO Francois-Henri Pinault as the company warned investors of a drop in sales. “We have a strong drop in traffic and in sales …

Gucci parent Kering closes half of China stores, takes sales hit from coronavirusRead More