According to the group’s Q1 2025 financial results announced on April 23, revenue for the January–March period totaled €3.88 billion, down 14% year-on-year — a stark indication of slowed momentum across the group’s portfolio.
Tag: Kering sales
On April 23, Kering, one of France’s giant luxury conglomerates, announced that it expects a 40%-45% decline in operating income for the first half of the year, following a drop in first-quarter sales for its flagship Gucci brand.