BUZZ-Kering: Gucci sales growth slows

** French luxury goods maker Kering (LSE: 0IIH.L - news) falls 4 pct

** Flagship Gucci brand posts 3.1 pct comparable sales growth in Q1, down from 4.8 pct in Q4 2015 and below the 5-6 pct expected by analysts

** Kering's second luxury brand, Bottega Veneta, posts an 8.3 pct drop in comparable sales, suffering from its strong exposure to Asian clients

** Q1 revenue of EUR 2.72 bln, below the EUR 2.77 bln expected in a Reuters poll

** Global luxury goods have slumped in Q1, partly due to the Chinese economic slowdown and a sharp drop in tourist traffic in global shopping hotspots

** Most major luxury groups, including Prada (HKSE: 1913-OL.HK - news) , LVMH , Richemont and Burberry all suffering from weaker demand YTD

** Kering top faller on France's blue chip CAC 40 index