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French luxurious group Kering stated Thursday gross sales jumped within the third quarter to over 5 billion euros as exercise in Western Europe rebounded.
Gross sales within the July-September interval climbed 23 p.c to five.1 billion euros ($5.0 billion), or by 14 p.c on a comparable foundation.
“In an more and more complicated setting, we keep the required flexibility to help our profitability and maintain our investments within the long-term outlook of all our homes, Gucci at the start,” stated chief government Francois-Henri Pinault.
Gucci’s gross sales rose by 18 p.c, however these of Yves Saint Laurent surged by 40 p.c.
Gross sales in Western Europe soared by 74 p.c thanks partly to a return of US vacationers.
Asia-Pacific gross sales rose seven p.c regardless of Covid restrictions in China.
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