HONG KONG (AP) -- Gucci and its parent company apologized Friday after drawing heavy criticism for warning some Hong Kong shops not to sell paper offerings for the deceased that resembled the fashion brand's luxury products....

Topics:  hong kong ap     gucci   hong kong   warning   offering   shops   
BING NEWS:
  • Gucci owner Kering issues profit warning after China sales slump
    Kering shares fell 13.3% on on Wednesday after the profit warning. Gucci accounts for about half of its parent firm’s revenues and two-thirds of its operating profit. The Italian fashion house ...
    03/20/2024 - 3:30 pm | View Link
  • Luxury stocks slump as Gucci sales slide
    Luxury stocks tumbled in Europe Wednesday after a profit warning from the owner of Gucci laid bare a sharp slowdown in demand for high-end goods, especially in China. Shares of Kering plunged as ...
    03/20/2024 - 12:37 am | View Link
  • Gucci owner Kering’s shares tumble 12% on profit warning
    Shares in French luxury conglomerate Kering dropped 11.9 per cent after falling sales in Asia for its Gucci brand triggered a rare profit warning ... which trade in Hong Kong, fell as much ...
    03/19/2024 - 1:00 pm | View Link
  • Kering’s Gucci Warning Wipes $6.8 Billion Off Market Value
    The warning will likely prompt renewed speculation over how Kering might lessen its reliance on a brand known for flamboyant designs that are out of step with the current trend toward understatement.
    03/19/2024 - 1:00 pm | View Link
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