GUCCI GROUP overcomes the financial crisis
World’s third largest luxury group, GUCCI GROUP, reported this week a positive closure of 2009, with a o,8% increase, to a turnover of EUR 3,39 billion. The only loss making brand of the group remains YVES SAINT LAURENT, with losses of EUR 10 million. GUCCI, the group’s flagship brand closed 2009 with a 2,7 % increase, to a turnover of EUR 2,27 billion. All other brands (Alexander McQueen, Stella Mc Cartney,
All emerging markets have performed a 20% increase for GUCCI GROUP in 2009, while Japan, U.S.A and Europe all registered negative results.