PARIS: Kering’s Gucci label continued to outpace competitors in the fourth quarter, giving another signal that Chinese appetite for luxury goods remains healthy.
Fourth-quarter sales at Gucci rose 28% on an organic basis to €2.3bil (US$2.6bil), Paris-based Kering said. Analysts expected 27% growth.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
