SUBSCRIBERS
Kering's Gucci produces unexpected rebound in sales
Published Tue, Jul 28, 2015 · 09:50 PM
Paris
GUCCI, the flagship brand of French luxury and sportswear group Kering, posted a 4.6 per cent rise in underlying second-quarter sales on Monday, marking a much-sooner-than-expected rebound under its new creative and management duo.
Kering finance director Jean-Marc Duplaix said the brand had benefited from strong demand from Chinese tourists in Japan and Western Europe, while Gucci's sales in China were boo…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
France's Casino supermarket chain to axe up to 3,200 jobs
Prada outshines rivals with 16% revenue lift boosted by Miu Miu
Toymaker Hasbro posts quarterly profit beat, slower sales decline
Hilton lifts 2024 profit forecast on international travel demand
China knockoff raid jolts a global throng of fake-fashion influencers
Roche cuts pipeline after research setbacks and sales drop