Kering's CEO says Gucci and other brands will absolutely not shift production to the US to counter Trump's tariffs

Kering's CEO says Gucci and other brands will absolutely not shift production to the US to counter Trump's tariffs

ALBERTO PIZZOLI/AFP via Getty Images

Kering, owner of brands like Gucci, YSL, and Bottega Veneta, said that it has "no plan" to shift luxury goods production to the US to counter President Donald Trump's tariffs.

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