Kering’s FY23 revenue fell to €19.6 billion, a 4 per cent decrease.
Gucci’s revenue dropped by 6 per cent, with a notable 2 per cent decline on a comparable basis.
Yves Saint Laurent and Bottega Veneta also faced declines in FY23, albeit with some growth in directly operated retail networks.
In Q4 FY23, the company’s revenue decreased by 6 per cent.Kering’s FY23 revenue fell to €19.6 billion, a 4 per cent decrease.
Gucci’s revenue dropped by 6 per cent, with a notable 2 per cent decline on a comparable basis.
Yves Saint Laurent and Bottega Veneta also faced declines in FY23, albeit with some growth in directly operated retail networks.
In Q4 FY23, the company’s revenue decreased by 6 per cent.