Kering Reports Q1 Sales Decline Amid Gucci Performance Challenges
Kering reported a 6% decline in Q1 2026 sales, with Gucci contributing significantly to the drop. The fashion and leather goods division saw a 9% reported revenue decrease, though there were signs of sequential improvement. The company highlighted ongoing efforts to revitalize Gucci and noted growth in other divisions like jewellery and eyewear.
Topics: Gucci Kering luxury goods Q1 results sales decline