Gucci blames US for sales drop

Gucci's is blaming a drop in demand in the US for a 42% fall in profits.

Gucci blames US for sales drop
Wed, 19 Jun, 2002 - 12:20

Gucci's is blaming a drop in demand in the US for a 42% fall in profits.

First-quarter net income fell to €35.4m from €61.1m.

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