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Kering’s First Half Proves Luxury Shoppers are Still Loyal

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French luxury conglomerate Kering posted a double-digit percentage gain in comparable revenue and recurring net profits for the first half, showing that its fashion and accessories brands are resonating well with consumers globally. In a Nutshell: Françoise-Henri Pinault, chairman and chief executive officer of the French firm, said, “Kering’s revenue growth handily topped market trends,…

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