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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…

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