Kering revenues down (-4%) in the last quarter of 2023. slowdown is also due to the slowdown in global demand in the sector.
However, results are improving both in the United States and in Europe. French group sees its'recurring operating income' (a figure very similar to the result before financial charges, Ebit) falling this year compared to 2023, according to a report by the French media agency L'Auberge des Hautes Etudes du Commerce.