Gucci owner Kering tanks 14¯ter Asia profit warning, dragging down Europe luxury brands

French luxury group Kering warned Tuesday that Gucci sales look set to fall 20% in the first quarter as declining Asia sales continue to weigh on the fashion brand.

Gucci owner Kering tanks 14¯ter Asia profit warning, dragging down Europe luxury brands
French luxury group Kering warned Tuesday that Gucci sales look set to fall 20% in the first quarter as declining Asia sales continue to weigh on the fashion brand.