28 April 2022

Luxury group Kering is the latest of the Paris-based leathergoods companies to report its results for the first quarter of 2022, with revenues of just under €5 billion, an increase of 27% year on year, writes Leatherbiz.

 

 

Gucci’s revenues for the quarter were €2.6 billion, an increase of 20% year on year. The group said Yves Saint Laurent had had “an exceptional start to the year”, with revenue of €739 million, up by 43%.


It was pleased with Bottega Veneta’s performance too, bringing in revenues of €396 million over the three-month period, an increase of 21% compared to the same period in 2021 and of 59% compared to the first quarter of 2020.


On reporting the results, chief executive, François-Henri Pinault, said he felt a great deal of sympathy for all those affected by the war in Ukraine and that Kering remained “attentive to the economic and geopolitical” challenges in the global market.


He said the group was committed to investing in all of its brands and that they had delivered “a very solid quarter in a more uncertain environment”.

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。   我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

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