CNBC International TV
23 Oct 2026, 08:41 UTC · 1h ago
Kering shares plunge as Gucci continues to falter
Impact · against what's priced in
Kering faces significant downward pressure as the market reacts to the persistent decline of its primary revenue driver, Gucci. The news suggests a structural failure in brand momentum that outweighs previous optimistic expectations.
- KER.PA−0.80
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- In context
Shares are plummeting because Gucci, the group's anchor brand, continues to falter, indicating a deepening operational crisis.
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