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10 months ago

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Valentino deal fails to lift Kering shares as Gucci woes mount

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Valentino deal fails to lift Kering shares as Gucci woes mount

French luxury group Kering is bulking up its fashion portfolio with the purchase of a 30% stake in Valentino but that will do little to reduce its dependence on weakening top brand Gucci, at least in the short term.

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Valentino deal fails to lift Kering shares as Gucci woes mount

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Valentino deal fails to lift Kering shares as Gucci woes mount

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