French luxury goods group PPR, which owns Puma, has posted third quarter 2011 revenue of EUR3.9 billion, up 7% versus the same 2010 period on a comparable basis, and has advanced in all geographic areas.

This solid performance notably reflected the continued strong momentum of the luxury goods and sport and lifestyle businesses across all regions. Luxury goods posted a 24.6% leap in revenue in the third quarter of the year, driving revenue growth for the first nine months of the year to 23.7%. Revenue recorded by the sport and lifestyle group came out 9.9% higher in third quarter 2011, pushing growth for the first nine months of the year to 9.6%.

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