Gucci Powers Ahead as Kering Profits Nearly Triple

Kering continued its streak of market-beating performances in the second quarter, reporting that revenues jumped 26.4 percent during the period on the back of another quarter of stellar growth at Gucci.

The parent of brands including Saint Laurent, Balenciaga and Boucheron said Thursday that sales totaled 3.32 billion euros ($3.87 billion) in the three-month period through June.

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