After four quarters of declining sales in 2020, Kering returned to growth at the start of the year.
This comeback certainly comes six months after those of Hermès and the fashion and leather goods division of LVMH.
But the return to growth of the owner of Gucci, Yves Saint Laurent and Balenciaga is accelerating and the group has now largely exceeded its level of activity before the Covid-19 pandemic.
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After jumping 26% over one year in the first quarter of 2021 (+ 5.5% compared to the same period in 2019), Kering's turnover has almost doubled over one year (+ 95%) over three months (+ 11.2% over two years).
Over the half-year as a whole, sales exceeded 8 billion euros, up 54.1% over one year and 8.4% over two years.
Current operating income increased by 135% over the first half, to 2.2 billion euros, and is approaching its level of the first half of 2019.
A flagship brand
“Kering is returning to a strong and profitable growth path,
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