Bottega Veneta Archive

Kering Results Show 17% Surge at Gucci, Slip at Bottega Veneta

PARIS, France — Italian fashion brand Gucci confirmed its turnaround with a 17 percent rise in third-quarter comparable sales, helping make up for a 10.9 percent sales drop at sister brand Bottega Veneta, parent Kering said on Tuesday. Gucci, in double digit sales growth territory for the first time since 2012, accounts for more than 60 percent of Kering’s operating profit. Analysts had expected its …