‘No-logo’ leathergoods strategy pays off for Kering

26/04/2013

Raising prices for its leathergoods combined with a no-logo range helped push sales at Gucci parent Kering up 3% for the first quarter. Kering's fashion and leathergoods division was its best-performing sector, with revenue growth of over 6% “against a particularly demanding base of comparison in the first quarter of last year” (when sales were...