Insight Report 3 minutes PremiumKERING (ENXTPA: KER) 1Q16 Results: Sales Grow Despite Challenging Market Conditions Coresight Research April 21, 2016 Executive Summary French luxury group Kering reported 1Q16 revenue of €2,724 million, up 2.7% from 1Q15. The Luxury Activities segment’s revenue rose by 2.8% year over year, with Gucci sales up 2.9%. The Sports and Lifestyle Activities segment’s revenue increased by 2.6%, with Puma sales up 3.7%. CEO François-Henri Pinault said that the company is confident it will extend its “growth trajectory over the full year.” Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: July 2023 UK Retail Sales: Wet Weather Slows Retail Sales GrowthHoliday 2024: Amazon Prime Big Deal Days and Competitor Promotions—First Thoughts on Holiday ImplicationsUS Black Friday 2024: Early Read—Moderate Early-Morning Footfall Bears Out the Reinvention of Black FridayUS, UK, EU & China Quarterly Economic Update, 1Q23: Stronger Economic Indicators Lead to Higher Consumer Spending in the US and UK
