French Luxury Gucci Growth Slowed Slightly Compared With The 2.1% Growth In The First Quarter.

< p > France luxury goods and lifestyle and sports brand group Kering SA Kai Yun group released the two quarter and semi annual report of fiscal 2013 in 25 local time on the local time. In the two quarter, the Gucci performance of the major brands of the group luxury sector was poor, and sales increased by only 1% to 888 million 900 thousand euros compared with the same period last year, the same period last year, 879 million 900 thousand euros, an increase slower than the 2.1% growth in the first quarter.

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< p > previously, Kering SA, Puma SE Puma holding group, released its two quarter earnings report, and its performance continued to deteriorate, and sales in all regions declined.

Kering SA, chairman and chief executive officer of Fran group ois-Henri Pinault, focuses on the reform of Puma SE Puma under the leadership of the new CEO Bj Bj RN Gulden.

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In the first half of fiscal year 2013, Kering SA's revenue grew by 1.4% to 4 billion 678 million euros, compared with 4 billion 614 million euros in the same period last year, and net profit increased 4.1% to 582 million euros, compared with 559 million euros in the same period last year.

In the first half of fiscal year, the income of the luxury sector in the first half fiscal year increased by 5.3% to 3 billion 78 million 400 thousand euros, compared with 2 billion 924 million 500 thousand euros last year, of which Gucci brand revenue grew 1.6% to 1 billion 754 million 800 thousand euros, compared with 1 billion 727 million 800 thousand euros a year earlier; Bottega Veneta increased 8.4% to 465 million 600 thousand euros, compared with 429 million 500 thousand euro last year; Yves Saint Laurent grew 14.2% to 255 million 300 thousand euros, and last year was Euro 255 million 300 thousand; other luxury income totaled euro, which rose by less than the same period last year.

In the first half of fiscal year, the operating profit of luxury sector increased by 8.6% to 789 million 500 thousand euros, compared with 727 million 100 thousand euros last year, of which Gucci brand operating profit increased 6.7% to 556 million euros, compared with 521 million euro last year; Bottega Veneta operating profit increased 12.8% to 146 million 500 thousand euro, the same period was 129 million 900 thousand euro; Yves Saint Laurent operating profit increased 10.1% to 27 million 200 thousand euro, the same period last year was Euro euro; other luxury business profits totaled euro, up year-on-year growth, and last year's operating profit was Euro euro.

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< p > 2013 in the first half of fiscal year, Kering SA (KER.PA) opened up 6.3% of the regional revenue outside the euro zone, accounting for 79% of the group's total revenue, compared with 78% in the same period last year, of which the French local sales accounted for 5.4% of the group's total revenue.

Kering SA, Kai Yun group, said it continued to expand its strategy of expanding the emerging market, while its revenue growth in emerging markets increased by 4.5%, while emerging markets accounted for 39% of the group's total revenue, an increase of 10 basis points over the same period last year.

2013 the operating profit in the first half fiscal year increased by 2.3% to 843 million euros, which was 824 million euros in the same period last year, and the operating profit margin increased by 10 basis points to 18%. In the first half fiscal year, EBITDA grew 2.9% to 983 million euros, and the EBITDA profit margin increased by 30 basis points to 21%.

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< p > by the two quarter of June 30, 2013, the total revenue of Kering SA Kai Yun group increased by 1.6% to 2 billion 308 million euros, compared with 2 billion 271 million 800 thousand euros last year.

In the two quarter, the total income of the luxury sector increased by 6% to 1 billion 555 million euros, compared with 1 billion 466 million 600 thousand euros in the same period last year, of which Gucci two quarter revenue growth continued to slow down, the increase was only 1% to 888 million 900 thousand euro, compared to 879 million 900 thousand euros last year. Bottega Veneta two quarter revenue grew 11.9% to 236 million 600 thousand euros, the same period last year was euro; Yves Saint Laurent, the quarterly growth of revenue was from euro to euro, the euro was the same period last year.

The two quarter revenue of sports and lifestyle sectors declined 7.8% to 744 million 200 thousand euros, compared with 807 million 500 thousand euros in the same period last year, of which Puma Puma group's revenue in the two quarter fell 8% to 692 million 300 thousand euros.

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< p > Kering SA the opening trend of the group in the second half of the fiscal year is expected to expand the retail network selectively.

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In the first quarter of the year, Kering SA (KER.PA), the main brands of the two major sectors of the group, Gucci and Puma, had been unfavourable, while sales in the two quarter continued to slow down. Although the luxury sector revenue exceeded expectations in the first half of fiscal year, there was still no obvious effect on the adjustment of the two major brands of Gucci and Puma.

On July 25th, Kering SA opened its cloud group's shares up 2.61% to 170.90 euros.

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