Why GUCCI Is Losing Money Fast

Luxury group Kering stated that its revenue in the first quarter of 2020 amounted to €3.2 billion, dropping 15.4% year-on-year. From Kering's fashion houses the largest drop was seen in Gucci, whose revenue fell 23.2% to €1.8 billion in the first quarter. So why exactly did Gucci lose money this year when comparing revenues from past years? MY FASHION E-BOOK: https://www.thefashionarchivemag.com/shop SUPPORT THE CHANNEL ON PATREON: https://www.patreon.com/fashionroadman SOCIAL MEDIA: Instagram: https://www.instagram.com/fashionroadman/ TikTok: https://www.tiktok.com/@fashionroadman Twitter: https://twitter.com/fashionroadman #gucci #finance