PARIS – Kering SA (KER.FR), the owner of Gucci and Saint Laurent luxury brands, said Tuesday first-quarter revenue surged 31% to 3.57 billion euros ($4.07 billion).
Continue Reading Below
Gucci, Kering's biggest's brand, continued its strong performance of the past two years, with revenue soaring 51% in the quarter.
Kering Chief Executive Francois-Henri Pinault said sales in the quarter benefited "from somewhat more favorable market conditions" and "meticulous execution."
Write to By Matthew Dalton at firstname.lastname@example.org
(END) Dow Jones Newswires
April 25, 2017 12:14 ET (16:14 GMT)