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Gucci Rebound Led Kering’s Q1 Sales Growth Above Pre-Pandemic Levels

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Growth across all of Kering’s business groups, particularly its powerhouse brand Gucci, fueled Kering’s strong topline performance that saw results top pre-pandemic levels. In a Nutshell:  Kering said first quarter revenue rose sharply, up 25.8 percent on a comparable basis from year-ago figures. The latest quarterly result was also up 5.5 percent versus the first…

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