MILAN — Gucci Group slashed its full-year earnings-per-share target by 23 percent on Monday, citing slower sales in the critical month of November. The company attributed the slide to trying economic times but some analysts questioned whether Gucci’s core brand is hitting a few bumps in the road.

"Although overall sales in November are not down, the excellent trend we spotted in September and October did not continue," said Gucci president and chief executive officer Domenico De Sole. "It is a very difficult economic and political moment."

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