×
225
Fashion Jobs
SHISEIDO
Laura Mercier Account Manager - Arnotts, Dublin (Maternity Cover)
Permanent · Dublin 13
SHISEIDO
Bareminerals Account Manager - Boots, Belfast
Permanent · New York
RALPH LAUREN
Assistant General Manager (Kildare)
Permanent · Kildare
SHISEIDO
Bareminerals Dual Site Account Manager - Arnotts, Dublin
Permanent · Dublin 13
ESTÉE LAUDER
jo Malone London - Business Manager - bt2, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Clinique - Consultant - Brown Thomas, Cork - 24 Hours - Part-Time - Permanent
Permanent · Cork
ESTÉE LAUDER
Bobbi Brown - Business Manager - Boots, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
L'OREAL GROUP
Business Development Manager - Skinceuticals - Ireland - Active Cosmetics Division
Permanent · Dublin
ESTÉE LAUDER
le Labo - Business Manager - Brown Thomas, Dublin - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
FOOT LOCKER
Manager, Treasury Operations
Permanent · Dublin 1
FOOT LOCKER
Senior Treasury Analyst
Permanent · Dublin 1
SHISEIDO
Nars Account Manager - bt2, Blanchardstown
Permanent · Dublin
SHISEIDO
Nars Account Manager - Brown Thomas, Cork (37.5)
Permanent · Cork
SHISEIDO
Bareminerals Account Manager - Boots, Liffey Valley (37.5)
Permanent · Dublin 22
L'OREAL GROUP
l'Oréal Designer Fragrances Solo Account Manager Brown Thomas Limerick
Permanent · Limerick
L'OREAL GROUP
Atelier Cologne Account Manager Brown Thomas Dublin
Permanent · Dublin
L'OREAL GROUP
l'Oréal Designer Fragrances Mobile Fragrance Consultant
Permanent · Dublin
L'OREAL GROUP
Lancôme Deputy Account Manager Brown Thomas Dublin
Permanent · Dublin
ESTÉE LAUDER
Travel Retail - Estée Lauder - Beauty Advisor - Airport, Dublin Aerrianta - 24 Hours - Part-Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Travel Retail - Estée Lauder - Beauty Advisor - Airport, Dublin Aerrianta - 18 Hours - Part-Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Travel Retail - Estée Lauder - Beauty Advisor - Airport, Dublin Aerrianta - 36 Hours - Full-Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Mac - Christmas Retail Artist - bt2 Dundrum - Various Hours - Seasonal
Fixed-term · Dublin
By
Reuters API
Published
Jul 27, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Kering sales nearly double in Q2 as Gucci steams ahead

By
Reuters API
Published
Jul 27, 2021

Sales at French luxury group Kering nearly doubled in the second quarter as coronavirus curbs were relaxed in much of the world, with its star fashion label Gucci accelerating sharply and hoping to capitalise further on its centenary year.


Photo: Gucci - Gucci



Kering said on Tuesday comparable revenues had risen by 95% and stood at 4.16 billion euros ($4.92 billion) in the three months to end-June compared with a year ago, and were 11% higher than their pre-pandemic, 2019 levels.

Growth was driven by North America, where retail sales were up by more than 260%, and Asia. Gucci, which accounts for more than half of the group's revenues and 76% of its operating profit, grew sales by 86% over the period.

After cutting marketing spending and fashion shows in 2020, Gucci is catching up on its 100th anniversary, keeping the buzz around the brand high with events and new collections, including one presented in April where Gucci designs were crossed with silhouettes and logos by Balenciaga, another Kering brand.

That collection is likely to hit stores at the end of the third quarter while the launch of a Gucci-based Ridley Scott film, "House of Gucci", with Lady Gaga, Adam Driver and Al Pacino is expected to give additional visibility to the brand around the key holiday season later this year.

Kering CFO Jean-Marc Duplaix told reporters the group would continue to invest to support its brands in the second half of the year but this would not come at the expense of profitability.

"Demand for our brands remains strong," he said, echoing upbeat comments from rival LVMH.

Chairman and Chief Executive Officer François-Henri Pinault added: "While returning to substantial profitability and leveraging the desirability of our brands, we are stepping up the pace of our investments in our Houses and strategic initiatives, notably to enhance the exclusivity and control of our distribution."

 

© Thomson Reuters 2021 All rights reserved.