S.T. Dupont reports slow leathergoods sales, but the - leatherbiz: Lea Leatherbiz

News

S.T. Dupont reports slow leathergoods sales, but the news from Russia is better

10/07/2014
Total revenues reported by French luxury goods manufacturer S.T. Dupont in the first quarter of 2014 were flat compared to the same quarter in 2013 at €79.6 million.

However, the company’s leathergoods division reported a decline in revenues of 1.6% compared to the first quarter last year, €31.2 million in the January-March period this year compared to €31.7 million in the same period in 2013.

S.T. Dupont said this was due to declining sales in China, particularly of its belts. However, the company’s leathergoods sales in Russia were up, which it said compensated for the slowdown in China.



Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.