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Footwear lifts performance at PPR

25/01/2007

In the fourth quarter, total sales increased to €5.4 billion, up 3.2% on an actual basis and 2.2% on a comparable basis on the fourth quarter of 2005.

The company’s Luxury Goods division again posted strong growth. Gucci Group recorded a 15.7% increase in fourth quarter revenues on a comparable basis and an 18.1% full year increase. As in the previous quarter, double-digit growth was recorded across all geographic regions, in particular Japan, up 11%, and in virtually all product categories. The main Gucci product categories to post further sharp increases were: leather goods (up 17%), ready-to-wear (up 15%) and shoes (up 20%).

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