Kering (KER FP) CFO says North America Q1 was excellent, with growth across all brands

Kering's CFO highlighted strong Q1 performance in North America, showing positive growth across all brands, which indicates robust consumer demand in that region. However, the mid-teens decline in China sales might raise concerns about broader market challenges in that key market, potentially impacting future guidance and overall demand outlook. Investors will want to weigh the strong North American results against the troubling trend in China to assess the company's growth sustainability.