Asia-Pacific demand News

Kering's Q1 Revenue Drops 14% Amid Global Luxury Market Challenges

Kering SA announced a 14% drop in Q1 2025 revenue to €3.88 billion, with a 16% decline in retail sales. Asia-Pacific saw a 25% demand decrease, while Kering Eyewear & Corporate and...

Kering Faces a Challenging Start to 2025 with a 14% Drop in Q1 Revenue to €3.88 Billion

Kering SA announced a 14% annual decline in Q1 2025 revenue to €3.88 billion, with retail sales dropping by 16%. The Asia-Pacific region saw the sharpest demand decrease at 25%, wh...

Kering Faces a Challenging Q1 with a 14% Revenue Drop to €3.88 Billion Amid Global Luxury Market Slowdown

Kering SA reports a 14% drop in Q1 revenue to €3.88 billion, with retail sales down 16%. Asia-Pacific saw a 25% demand decrease, while Kering Eyewear & Corporate and Bottega Veneta...