Gucci And Eve Szentloran Help PPR Group Recover

2011/8/8 14:38:00 36

In France

fashion

In the first half performance report announced by PPR and the retail group, strong sales of the Gucci and Eve Szentloran brands foreshadowed the PPR group's recovery in the international luxury trade.

The chairman and CEO Francois - nil Pino also admitted that the Alexander McQueen, the brand of the group, was inspired by the royal wedding of Prince William and Kate Middleton, and the wedding dress designer Sarah Burton (SarahBurton) was also praised.

PPR group's net income increased by 23.8% to 466 million in the first 6 months of the end of June.

Euro

Compared with the same period last year, the growth rate was 7.3%, earning 7 billion 220 million euros.

The group's main brand Gucci (founded 90th anniversary this year) sales rose by 1/5 to 1 billion 470 million euros, while YSL sales increased by nearly 30% to 152 million 700 thousand euros.

Francois and Henri Pinot said sales of luxury goods grew mainly from consumers in emerging markets, especially in Asia.

He said: "we haven't found any signs that we can not.

maintain

In the growth trend of Asia, it is also very important for Asian tourists to travel to mature markets.

PPR group said China's sales in the first half of 2011 accounted for 23% of sales of Gucci.

The PPR group also benefited from a surge in sales of Puma, a leisure sport brand, which owns 73.5% of Puma's Puma.

Although the PPR group's luxury brands have shown strong growth, the group's retail industry has seen a 2% decline.

French book and music retailer Fnac declined by 2.7% in the first half of the year, compared to the first half of the year.

Last year

In the same period, it dropped to 1 billion 870 million euros, while the sales of family shopping company Redcats dropped 1.3% to 1 billion 670 million euros.