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July 27, 2006
Gucci, Bottega Boost PPR
Stellar sales at Gucci and Bottega Veneta helped boost PPR’s second-quarter results beyond analysts’ expectations.
The French conglomerate reported a 6.2% sales increase to $5.05 billion for the quarter ended June 30.
Sales at Bottega Veneta jumped 81% during the quarter, while Gucci rang in a 25% sales gain. Even Yves Saint Laurent, which has been posting losses, managed to increase sales by 29% in the quarter.
Posted by Blacks on July 27, 2006 09:17 AM
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