Gucci remains Kering’s growth engine

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25 May 2018 à 17h22

Updated on 10 May 2019 à 17h06

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2 minutes

Publication: 25 May 2018 à 17h22, Updated on 10 May 2019 à 17h06

Reading time: 2 minutes

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Publication

25 May 2018 à 17h22

Updated on 10 May 2019 à 17h06

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2 minutes

Publication: 25 May 2018 à 17h22, Updated on 10 May 2019 à 17h06

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During the first quarter ending in late March 2018, Gucci’s sales jumped by 49% to €1.8 billion. The luxury label, nicknamed the “backbone” of the group by François-Henri Pinault, contributed 58% of the revenue to parent company Kering, which is now focusing on the luxury sector.

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