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Luxury Labels Lose Their Luster Amid Changing Vibes, Gucci Sales Plunge 25% and LVMH Disappoints
benzinga.com/markets/commodities/25/08/46817677/luxury-labels-lose-their-luster-amid-changing-vibes-gucci-sales-plunge-25-and-lvmh-disappoint
Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of the industry.
What Happened: Last week Kering disclosed a less-than-expected Q2 2025 performance, with a 15% YoY drop in sales to $4.27 billion. This falls short…
This story appeared on benzinga.com, 2025-08-03 18:17:26.