Gucci footwear sales up 17%

07/11/2007

Gucci Group has posted a 10.8% sales increase for its third quarter compared with the prior-year period. Footwear sales rose 17% while apparel sales were up 22.3% and leather goods sales rose 8.8%.

Growth was driven by the Asia-Pacific regions excluding Japan (+27%), North America, (+13%) and Europe (+11%). The brand has opened two now stores in China making a total 16 in the country and has also launched in India.

Overall PPR revenues were up 21.9% for the quarter.