Kering joins band of leathergoods groups reporting good growth
10/02/2017
On February 10, Kering announced 2016 revenues of almost €12.4 billion, with operating income of just under €1.9 billion. These figures represent growth of 6.9% and 14.5% respectively.
On releasing the results, chief executive, François-Henri Pinault, highlighted the performances of two Kering brands, Gucci and Yves Saint Laurent, describing their results as “spectacular”. These brands achieved growth of 12.7% and of 25.5% respectively in 2016.
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