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Kering Sees Strong Quarter Despite Tepid Growth at Gucci

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Sales continued to grow in the third quarter for Kering, but were negatively impacted in Asia as Covid cases spiked, weighing on revenue at the company’s powerhouse Gucci brand. In a Nutshell: The luxury goods company said business levels remained high driven by strong momentum in North America. Sales in Western Europe and Japan continued…

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