By  on July 25, 2019

PARIS — Kering registered a 15.9 percent uptick in revenues in the second quarter, with another marked slowdown in organic sales at its star brand Gucci.

Revenues at the Italian label increased by 12.7 percent on a comparable basis in the three months to June 30, below consensus estimates. This was down from 20 percent in the first quarter, and from 40.1 percent during the same period a year ago.

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