Gucci's new designs receive tepid initial response and weak ...
Gucci's new designs receive tepid initial response and weak demand in China. Kering's stock may seem cheap, but heavy investment in advertising and store refurbishments could lower profit margins. Investors may want to look elsewhere until positive response to Gucci's new collections is evident.
Gucci's New Look Falls Flat
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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