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Kering Says Gucci Absorbed Biggest Blow in First Six Months of 2020

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Brands owned by luxury conglomerate Kering suffered in the first six months of the year as the coronavirus crisis blew up sales and profits—and the company doesn’t expect business to improve much in the remainder of the year. In a Nutshell: Store closings and a halt to tourism hurt sales at Kering’s brands, the company…

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