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Guccis

Sales slump for Gucci

The sales for the Italian luxury brand Gucci plummeted by 24 percent in the fourth quarter last year, which was worse than feared. Analysts had expected a decline of 22 percent.
Sales slump for Gucci

Trouble for Gucci's owner

Kering, the owner of Gucci, is plummeting by around 10 percent on the Paris stock exchange following a report. The company has thus lost nearly half of its market value in a year.
Trouble for Gucci's owner
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