Billions wiped off value of Gucci owner as young shoppers feel the pinch

Billions wiped off value of Gucci owner as young shoppers feel the pinch. Shares in Kering plunge amid signs of falling demand for high-end clothing. Kering: 'Young shoppers are feeling the pinch' Kering shares fall in value as demand for clothing continues to fall.

Billions wiped off value of Gucci owner as young shoppers feel the pinch. Shares in Kering plunge amid signs of falling demand for high-end clothing. Kering: 'Young shoppers are feeling the pinch' Kering shares fall in value as demand for clothing continues to fall.

Luxury stocks slump as Gucci parent Kering warns of a sharp slowdown in sales in China. Once soaring demand for high-end goods, especially in China, has slowed in recent years. Kering's profit warning laid bare a sharp drop in sales of Gucci and other luxury goods.

Kering Warns Gucci Sales Set to Plunge 20% in 1Q. Gucci sales set to drop 20% this year. Kering: Gucci's 1Q sales will be 20% lower than last year's sales in 1-1Q.

Gucci owner Kering issues profit warning after China sales slump. Like-for-like sales at luxury goods group down by 10% in first quarter. Nearly 20% fall at Gucci weighed by nearly 20 per cent fall in sales from Gucci in first half.

Gucci owner Kering issues profit warning after China sales slump. Like-for-like sales at luxury goods group down by 10% in first quarter. Nearly 20% fall at Gucci weighed by nearly 20 per cent fall in sales from Gucci in first half.

French luxury group Kering warns that Gucci sales look set to fall 20% in the first quarter. Decline in Asia sales continue to weigh on the fashion brand. Kering tanks 14% after Asia profit warning, dragging down Europe luxury brands. Gucci owner Kering: "Gucci sales will fall 20 percent in first quarter"

French luxury group Kering warns that Gucci sales look set to fall 20% in the first quarter. Decline in Asia sales continue to weigh on the fashion brand. Kering tanks 14% after Asia profit warning, dragging down Europe luxury brands. Gucci owner Kering: "Gucci sales will fall 20 percent in first quarter"

Gucci sales to fall by 20% due to Asia slowdown. It is estimated to get more than a third of its sales from China. China's economy has been struggling since the start of the year. Gucci gets more than one-third of sales from the country.

Gucci sales to fall by 20% due to Asia slowdown. It is estimated to get more than a third of its sales from China. China's economy has been struggling since the start of the year. Gucci gets more than one-third of sales from the country.