Kering: Gucci slows down during the quarter, while Bottega Veneta and YSL sprint

Asia gives and Asia takes. Gucci knows it well, as in the third quarter the brand performed below expectations: it grew 3.8% on comparable basis on 2020, compared to the +9.3% forecasted by Bloomberg’s analysts Bottega Veneta and YSL respectively grew by 8.9% and 28.1%. These two brands were the main force behind Kering’s performance, which even…