Kering unveils next phase of turnaround as Gucci weakness weighs on sales

Kering has unveiled the next phase of its turnaround strategy as it to return to growth, following a weak first quarter driven by continued pressure at Gucci. The owner of Gucci, Saint Laurent, Bottega Veneta, Balenciaga, McQueen and Brioni said its new plan, dubbed ReconKering, will focus on “reigniting desirability, reinforcing operational excellence, and leading...