Another excellent quarter has been released by Kering with an impressive performance in all geographies and across all product categories. Almost all group brands experienced strong market momentum except for Bottega Veneta and Volcom. Group sales were up 28.4% lfl to €3,925m (+23.2% reported) in Q3. Luxury sales soared by 32.3% lfl to €2,678m. The flagship Gucci rocketed 49.4% lfl to €1,554m. Sales at Bottega Veneta are still lagging but increased by a modest 0.9% lfl (-4.5% r
25 Oct 2017
An excellent Q3
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An excellent Q3
Kering SA (KER:WBO) | 0 0 0.1% | Mkt Cap: 49,615m
- Published:
25 Oct 2017 -
Author:
Rim BEN SALAH -
Pages:
2
Another excellent quarter has been released by Kering with an impressive performance in all geographies and across all product categories. Almost all group brands experienced strong market momentum except for Bottega Veneta and Volcom. Group sales were up 28.4% lfl to €3,925m (+23.2% reported) in Q3. Luxury sales soared by 32.3% lfl to €2,678m. The flagship Gucci rocketed 49.4% lfl to €1,554m. Sales at Bottega Veneta are still lagging but increased by a modest 0.9% lfl (-4.5% r