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PARIS: Gucci’s quarterly sales beat estimates as French luxury group Kering’s biggest brand overcame slumping in sales in Hong Kong and reversed its fortunes in the U.S.
PARIS: Gucci’s sales growth slowed down from the preceding quarter but managed to beat analysts estimate, as French luxury group Kering’s biggest brand shook off a slump in US sales.
NEW YORK: Gucci’s sales growth slowed in the third quarter after the coronavirus resurged in parts of Asia, putting more pressure on the label’s new collection to deliver a strong holiday season.