bild

(FILES) A photo taken on June 18, 2013 shows the new name and logo of French luxury and retail group PPR , Kering, at an annual general meeting of the group in Paris during which shareholders agreed the group start a new life as a luxury and sports brands group by renaming itself Kering. French luxury giant Kering said on March 19, 2024, it is anticipating a 10-percent drop in year-on-year sales in the first quarter due to a decline in the performance of its flagship brand, handbag-maker Gucci. (Photo by FRANCOIS GUILLOT / AFP) (KEYSTONE/AFP/FRANCOIS GUILLOT)