NEW YORK: Gucci’s sales growth slowed in the third quarter after the coronavirus resurged in parts of Asia, putting more pressure on the label’s new collection to deliver a strong holiday season. Comparable sales at the Italian brand rose 3.8% from a year earlier, owner Kering SA said in a statement. That compares with growth of 86% in the second quarter after the lifting of lockdowns drove a rebound. Analysts had forecast a 9.3% increase in the third quarter. The performance suffered from virus
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2021-10-21 00:00:00.0