Gucci’s Back: Kering Shares Soar on Major Sequential Improvement in Flagship Brand
Shares of luxury group Kering saw a strong jump in early trading. This surge follows positive news regarding its largest brand, Gucci. The company reported a sharp sequential improvement in Gucci’s performance. Sequential improvement means performance was much better than in the previous three-month period. This news is highly important for Kering. Gucci is its…