Luxury Roundtable

Couture, fashion and leather goods

Gucci owner Kering sees 13pc drop in Q3 2023 sales to $2.33B

October 24, 2023

Gucci, Kering's flagship brand, has seen a slowdown in sales after the departure of creative chief Alessandro Michele. Image credit: Gucci Gucci, Kering's flagship brand, has seen a slowdown in sales after the departure of creative chief Alessandro Michele. Image credit: Gucci

 

While LVMH, Hermès and Zegna posted positive third-quarter 2023 numbers, Kering suffered a 13 percent drop in revenue for the period to $2.33 billion.

This content is accessible only to members of Luxury Roundtable. We would love for you to become a member and enjoy the many benefits soon after. Please click here to enroll as a member of Luxury Roundtable. Already a member?