Gucci Turnaround Will Take More Time Amid Weak China Demand, HSBC Says

Gucci Turnaround Will Take More Time Amid Weak China Demand, HSBC Says

On Croblanc, you like to find the freshest contents of the internet. Well, once again we'll be able to treat you because since April 24, 2024, a new video is available on Bloomberg Television's channel and that's why we're sharing it with you without further delay!

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For your information, you can find below the description of the video Gucci Turnaround Will Take More Time Amid Weak China Demand, HSBC Says published by the Youtube channel Bloomberg Television:

Kering's attempt to turn around Gucci will take longer than anticipated, according to HSBC luxury and sporting goods analyst Aurelie Husson-Dumoutier. Speaking on Bloomberg Television, she explains that while the US has entered a path of more normalized growth, it's "not enough to compensate for the weakness in the Chinese consumer."
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