Kering Q3 Sales Up 12%

(RTTNews) - French luxury goods company Kering SA (PPRUY.PK, PPRUF.PK) Thursday reported third-quarter sales of 2.90 billion euros, up 12 percent from 2.59 billion euros last year. On a comparable basis, sales were up 3.1 percent.

Sales at the company's luxury segment rose 14 percent to 1.89 billion euros from last year. Among brands, Gucci sales climbed 8.6 percent, Bottega Veneta gained 13.2 percent, Yves Saint Laurent jumped 36.9 percent, and other brands rose 16.5 percent.

Sales at its sports and lifestyle segment rose 8.4 percent, with Puma sales up 8.33 percent and other brands up 9.6 percent.