Gucci Faces Sales Decline Amid Kering's Struggling Turnaround Efforts

In a startling revelation from Kering, the parent company of Gucci, the luxurious fashion brand has experienced a notable plunge in sales, raising eyebrows in the luxury goods market. According to the latest financial data, Gucci's sales have dropped significantly, prompting questions about the effectiveness of Kering's strategic repositioning efforts.

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