PARIS — Weakening demand in China and a sluggish Europe continue to rain on luxury’s parade, with France’s Kering the latest big player to report single-digit gains in the first quarter.
Kering, the parent of Gucci and Bottega Veneta that was previously known as PPR, on Thursday reported sales in its luxury division climbed 4.5 percent in the three months ended March 31 — a steep deceleration from the 21.2 percent gain registered in the fourth quarter.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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