Gucci Sales Fall 25% as Kering's Slump Deepens
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Gucci
CONFIRMED83% CONFIDENCEKering's press release is headlined 'First-quarter 2025 revenue' and dated 23 April 2025, reporting Gucci revenue of €1.571 billion, 'down 24% reported / down 25% comparable'.[1]
Kering reports first-quarter 2025 group revenue of €3.9 billion, down 14%, as Gucci's sales fall 25% on a comparable basis to €1.6 billion amid low store traffic and a 33% wholesale decline.