
Kering third-quarter sales beat expectations as investors bet on Gucci owner’s comeback
By Reuters Published October 22, 2025 Sales at Kering‘s flagship brand Gucci fell by 14% in the third quarter with overall group sales down 5% on a like-for-like basis, the French group said on Wednesday, beating market expectations. It was the seventh consecutive quarter that Gucci’s business shrank by double digits, reminding investors of the…