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Market Impact: 0.35
Kering shares plunge as Gucci continues to falter
Source: youtube.com
Corporate EarningsConsumer Demand & RetailCompany Fundamentals
Kering shares fell to their lowest level in more than a year after the company reported a 6% sales decline at flagship brand Gucci in Q3. The report points to weakness at a key luxury brand; no exact share-price drop was provided.
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