• Strong Gucci sales drive Kering rebound to pre-Covid revenue

    21 days ago - By Fashion United

    Image: Kering, Facebook
    Italian luxury label Gucci has helped drive a rebound in the revenue of its parent company Kering to pre-Covid levels in the first quarter of the year.
    The French luxury group's revenue rose 25.8 percent to 3.89 billion euros on a comparable basis, ahead of analysts' estimates.
    It is another indication that the luxury industry is beginning to recover after a devastating year of on-and-off lockdowns, with Kering seeing strong sales growth across its luxury houses' directly operated networks in regions like Asia-Pacific and North America where restrictions are...
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