Luxury brands register 11% growth for PPR - leatherbiz: Leading news s Leatherbiz

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Luxury brands register 11% growth for PPR

30/07/2010
Luxury goods and retail group PPR, owner of brands including Moët Hennessy-Louis Vuitton (LVMH), Hermès and Gucci, has announced positive results for the first half of 2010.

Across the group sales for the first half of the year surpassed EUR 4 billion, with its luxury brands segment registering growth of 11% compared to the first six months of last year. Gucci’s growth figure was 9.4%, while those for Hermès and LVMH were 20% and 14% respectively.


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