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The global personal luxury goods market, of which Gucci is a major player, has grown in value substantially in recent years, rising from 147 billion euros in 2009 to 362 billion euros in 2023.Global sales of the top performance apparel, accessories, and footwear . The House of Gucci had a strong finish to 2021, propelling Kering’s earnings to €17.7 billion (.1 billion), up 35.2% from the previous year.Gucci: a year of sustained growth further extending the brand’s authority. In 2021, Gucci’s revenue amounted to €9,731 million (up 31% both as reported and on a comparable basis), .
The global personal luxury goods market, of which Gucci is a major player, has grown in value substantially in recent years, rising from 147 billion euros in 2009 to 362 billion euros in 2023.
The House of Gucci had a strong finish to 2021, propelling Kering’s earnings to €17.7 billion (.1 billion), up 35.2% from the previous year.Gucci: a year of sustained growth further extending the brand’s authority. In 2021, Gucci’s revenue amounted to €9,731 million (up 31% both as reported and on a comparable basis), exceeding the 2019 level even as the House nearly completed the .
In 2021, Gucci’s sales in the region grew by 29.5%, chiefly thanks to China but also to the improved performance of markets like South Korea. In Japan, sales were on the rise again, growing 19%. Gucci’s second-largest market is . Gucci sales were up 24.6 per cent for the first quarter of 2021 over the year prior. Overall, Kering’s sales were up 26 per cent on a comparable basis for the same period. Compared with the first quarter of 2019, Kering sales were . The long-awaited comeback at Italian fashion house Gucci helped the group beat analysts’ expectations for annual sales and operating profit and propose a record dividend of €12 a share for. Kering released its 2021 full-year results on Thursday morning, reporting that revenues had jumped to 17.7 billion euros, up by more than a third on the previous year. The luxury goods.
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France-based global luxury group Kering, the owner of Gucci, has registered a 35% growth in revenue for the fiscal year 2021 (FY21) from a year earlier on a comparable basis, up by 13% against 2019. During the year, the company generated €17.64bn (.12bn) in revenue, which was driven by ‘strong’ performances from all Houses. Retail sales generated 81 percent of 2021 revenues at Kering, and Gucci whittled its wholesale business down to 9 percent. According to WWD, the flap bag was being sold for ,800 in January 2021, which was then hiked to ,800 in July, and then ratcheted up to ,800 in November—capping off a rise of 60% since.
The global personal luxury goods market, of which Gucci is a major player, has grown in value substantially in recent years, rising from 147 billion euros in 2009 to 362 billion euros in 2023. The House of Gucci had a strong finish to 2021, propelling Kering’s earnings to €17.7 billion (.1 billion), up 35.2% from the previous year.Gucci: a year of sustained growth further extending the brand’s authority. In 2021, Gucci’s revenue amounted to €9,731 million (up 31% both as reported and on a comparable basis), exceeding the 2019 level even as the House nearly completed the . In 2021, Gucci’s sales in the region grew by 29.5%, chiefly thanks to China but also to the improved performance of markets like South Korea. In Japan, sales were on the rise again, growing 19%. Gucci’s second-largest market is .
Gucci sales were up 24.6 per cent for the first quarter of 2021 over the year prior. Overall, Kering’s sales were up 26 per cent on a comparable basis for the same period. Compared with the first quarter of 2019, Kering sales were .
The long-awaited comeback at Italian fashion house Gucci helped the group beat analysts’ expectations for annual sales and operating profit and propose a record dividend of €12 a share for.
Kering released its 2021 full-year results on Thursday morning, reporting that revenues had jumped to 17.7 billion euros, up by more than a third on the previous year. The luxury goods. France-based global luxury group Kering, the owner of Gucci, has registered a 35% growth in revenue for the fiscal year 2021 (FY21) from a year earlier on a comparable basis, up by 13% against 2019. During the year, the company generated €17.64bn (.12bn) in revenue, which was driven by ‘strong’ performances from all Houses.
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Retail sales generated 81 percent of 2021 revenues at Kering, and Gucci whittled its wholesale business down to 9 percent.
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