Kering Q3 revenues fall 13% amid cooling luxury demand
During the quarter, Gucci and Bottega Veneta revenues dropped 14% and 13% respectively, while Yves Saint Laurent revenues fell 16%
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Kering Group, the owner of luxury brands Gucci, Yves Saint Laurent and Bottega Veneta, revealed that group revenues were down 13% to €4.5bn (£3.9bn) in Q3.