EconPulse Markets. Economy. Malaysia & The World. Fri, 23 Oct 2026
Malaysia

Gucci owner Kering drops 11% as luxury braces for tough winter

Gucci owner Kering drops 11% as luxury braces for tough winter
Image: Free Malaysia Today Business

Summary

The long-promised luxury market recovery remains elusive as the widening Middle East war and China’s tax crackdown on the wealthy added pressure on the world’s biggest luxury groups in the third quarter.

Source & full coverage: this summary is aggregated from Free Malaysia Today Business, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at Free Malaysia Today Business →