Kering: Q3 revenues soar.
(CercleFinance.com) - Published after trading on Tuesday, Kering's Q3 revenues reached 3.
925 billion euros, up 23.2% y-o-y as reported and up 28.4% like-for-like.
The group recorded a 26.6% rise in revenues at its "luxury" business (+32.4% like-for-like), thanks to the highly dynamic Gucci and Yves Saint Laurent, where sales respectively soared 49.4% and 22.2% like-for-like.
The "Sport & Lifestyle" business reported sales that were up 11.9% as reported and 15.9% like-for-like, with growth in all geographical areas where Kering operates, which in detail saw Puma report growth of 17.3% like-for-like.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
925 billion euros, up 23.2% y-o-y as reported and up 28.4% like-for-like.
The group recorded a 26.6% rise in revenues at its "luxury" business (+32.4% like-for-like), thanks to the highly dynamic Gucci and Yves Saint Laurent, where sales respectively soared 49.4% and 22.2% like-for-like.
The "Sport & Lifestyle" business reported sales that were up 11.9% as reported and 15.9% like-for-like, with growth in all geographical areas where Kering operates, which in detail saw Puma report growth of 17.3% like-for-like.
Copyright (c) 2017 CercleFinance.com. All rights reserved.