12-02-2020 10:08 via retailgazette.co.uk

Gucci owner says it’s “impossible” to assess coronavirus impact

// French luxury group Kering said luxury sector has been affected by the coronavirus outbreak
// The value of the FTSE 100 dropped £44bn last month and luxury retailers saw their shares dropGucci owner Kering has said it remains confident in its longer-term growth expectations despite “uncertain conditions” brought on by the coronavirus outbreak in China.
The outbreak is expected to have an adverse affect on the luxury retail sector.
Last year, Chinese buyers who shopped domes
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