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Kering confident in leather

24/10/2014
The finance director of luxury group Kering has said the recent protests in Hong Kong have impacted Gucci’s Asia sales.

Jean-Marc Duplaix admitted the brand had also recorded lower sales in Europe to Russians and Japanese.

However, it was hard goods such as watches that felt the brunt of the changes; sales of leathergoods and apparel sales rose 5% in the quarter.

He also pointed out that like-for-like sales from Bottega Veneta, its second-biggest brand after Gucci, rose 10.8%.

Related stories:

Bottega Veneta CEO outlines strategy to boost revenue 03/06/2016
Kering appoints leathergoods leader 28/07/2015
Troubles at Gucci but Bottega grows strongly 22/04/2015
Top two at Gucci depart amid falling sales 12/12/2014
Kering appointments send a clear message 23/10/2014
Kering names new Bottega Veneta chief executive 20/10/2014
ITC and Kering project to monitor Madagascar crocodile trade 17/10/2014
Kering names new head of business for Asia Pacific 24/09/2014
Bottega Veneta outguns Gucci in Kering growth stakes 05/08/2014

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