暴跌25%！Gucci突然“崩了”，更多门店或关闭

Core Viewpoint - Kering Group's sales have significantly declined in Q2, with Gucci's sales plummeting by 25%, prompting the company to sell properties to raise additional funds and anticipate more store closures in 2026 and 2027 [1][2][4]. Financial Performance - In H1 2025, Kering Group reported revenue of approximately €7.6 billion, a year-on-year decrease of 16% [4]. - The recurring operating profit was about €969 million, down 39% year-on-year [4]. - Net profit fell to €474 million, a decline of 46% compared to the previous year [4]. - Gucci's revenue for H1 was approximately €3.03 billion, down over 25% year-on-year, with Q2 revenue around €1.46 billion, also reflecting a decline of over 25% [4]. Regional Performance - Gucci's sales declined across all regions, with the Asia-Pacific region experiencing a significant drop of 30% year-on-year in H1 [4]. Strategic Actions - The company is actively seeking to sell properties in major cities such as New York, Milan, and Paris to generate additional funds [6]. - Kering Group anticipates more store closures in 2026 and 2027 as part of its long-term strategy for profitable growth [6]. Stock Performance - Kering Group's stock has decreased by over 21% in the past year, with a year-to-date decline of 4.4% [6]. - Deutsche Bank has lowered Kering Group's target price from €170 to €168 [7]. - As of the latest report, Kering Group's stock was priced at €222 per share, with a daily increase of 4.5% [8].