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Gucci Sales Plunge 25% as Kering Woes Continue

The French conglomerate reported plummeting second-quarter sales at flagship Gucci as the brand gears up for its second creative revamp in three years. Group sales tumbled 15 percent.
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Kering reported plummeting second-quarter sales at flagship Gucci as the brand gears up for its second creative revamp in three years. (Gucci)

Gucci sales plunged as shoppers turned away from Kering SA’s largest brand that’s undergoing a second design revamp in three years.

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