Kering improves in the quarter (Gucci doesn’t) and the stock market likes it

In the third quarter of 2025, Kering improves, Gucci stops the bleeding, and the stock market believes even more in the turnaround, partly because other drastic decisions to reduce debt will come, such as closing stores, refinancing and selling real estate, and eliminating non-core assets. COO Jean-Marc Duplaix used the expression “there are no sacred…