Gucci makes less money – level 1

Gucci makes less money

13-02-2026 07:00

The company which owns Gucci talks about its sales. The numbers look better than many people think. A new boss now leads the company. He wants to help it after hard years.

Gucci has big problems. Its old fashion style does not feel popular now. The new boss says that Gucci is changing. Sales go down only a little. New bags help bring buyers. Many people buy parts of the company after this news.

But the company still has problems. It closes many shops. It plans to close more shops. It makes much less money than before. People do not buy luxury things so much now. The company now tries to stay strong.

Difficult words: sale (when you sell something), popular (when many people like something or someone), luxury (expensive and nice to have).

You can watch the original video in the Level 3 section.

What news prompted many people to buy parts of the company?

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