Kering shares sink 9% after profit warning on declining Gucci sales — International: Top News And Analysis

Shares of French luxury group Kering sunk more than 9% Wednesday after the company warned that it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.Shares of French luxury group Kering sunk more than 9% Wednesday after the company warned that it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane. …Read More