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Story summary
- Kering reported a 10% decline in 2025 sales to €14.6 billion and a €29 million net loss.
- Kering shares rose nearly 35% over six months.
- Luca de Meo, Kering CEO, said in his first quarter that 2026 growth is likely.
- Gucci posted a 10% sales drop in late 2025.
- Kering reduced its store network by 75 boutiques.
