Gucci reports stellar 34% growth in sales in the first quarter of 2017

with No Comments

Kering Group reports first quarter revenues increase by 31.2% to €3.57bn, lifted by a 34% jump in sales. The growth was driven by double-digit increases across its product categories, including “ever-increasing demand for ready-to-wear and shoes”, as well as “excellent … Read More

Affluent Chinese favor Gucci handbags, footwear over brand peers: report

with No Comments

Handbags designed by Italy’s Gucci edged out French atelier Chanel as a must-have among affluent Chinese women, according to a survey conducted by RBC Capital Markets. Kering-owned Gucci has seen a resurgence of interest among fashionable affluents in part because … Read More