Company Earnings UpdateKering (ENXTPA: KER) 1Q19 Update: Solid Revenue Growth Led by Gucci, Saint Laurent, and Other Houses Coresight Research April 22, 2019 Executive Summary Kering reported a 21.9% rise in 1Q19 revenue to €8 billion, up 17.5% on a comparable basis at constant currency. Asia Pacific achieved the best regional revenue growth at 30% on a constant currrency basis. By banner and on a constant currency basis, Gucci’s revenue rose 20%, driven by outstanding performance in Asia Pacific, existing and new products, and e-commerce; Saint Laurent’s revenue was up 17.5%, with balanced growth across all regions; Bottega Veneta’s revenue declined 8.9% but its other houses showed strong momentum, with revenues up 21.7%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: The State of In-Store Retailing—The Increasingly Important Role of Technology Sequencing, with Manik BhatiaFinancial Sentiment Edges Up, Driven by Higher-Income Consumers: US Consumer Survey InsightsAnalyst Corner—Key Tech Themes at CES 2025 and NRF 2025, with John HarmonDollar Tree To Divest Family Dollar: Here’s What It Means—Consumer + Real Estate Data Analysis
