Kering closed the first quarter of 2017 with consolidated revenues falling by 31.2% to 3.57 billion euros (+ 28.6% at a constant perimeter). Positive, explains the official note, performance in all geographic areas with the exception of Japan. Looking at the different segments, the luxury goods sector saw revenue growth of 34% to 2.4 billion euros (+ 31.6% at a constant perimeter), while the sports and lifestyle sector marked a +16, 5% to 1.06 billion (+ 14% at a constant perimeter).
To attract luxury activities is + 51.4% of Gucci's turnover, strong in the success of Alessandro Michele's collections: "Gucci collections - says the official press release - have confirmed their popularity in the quarter, with growth Double digits for all product categories and an ever-growing appealing ready-to-wear and footwear. Excellent performance of leather goods ". Looking at other brands controlled by the French giant, Saint Laurent confirms the acceleration of recent years with + 35.4% (+ 46% in Europe and + 48.1% in Asia-Pacific with the first collection signed by Anthony Vaccarello, In stores since January 2017), while Bottega Veneta saw a return to growth of + 4.7 percent. Revenues from other luxury brands rose overall by 12.3 percentage points.
For the first time, the group also consolidated Kering Eyewear's business, which, "gross of intragroup sales and royalties, marked a turnover of 112.9 million euros." Net revenues amounted to 85.5 million.
Gucci, meanwhile, is the only Italian brand to be included in the 'The Best Companies To Work For In Fashion' category.