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January 25, 2007

Gucci, YSL Boost PPR's Q4 Results

Strong sales at Gucci and Yves Saint Laurent helped boost PPR’s fourth quarter results, although other sectors of the French conglomerate’s business lagged.

Gucci posted a 15% sales increase for the quarter ended Dec. 31 while YSL reported a 22% sales gain.

However, PPR’s overall sales only increased by 3.2% due to the poor performance of its retail division.

Posted by Blacks on January 25, 2007 09:31 AM

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