About: http://data.cimple.eu/news-article/34f5736f8ecc550af53dc49784bc5fd304263d6f4e470846e4d2ff04

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About: http://data.cimple.eu/news-article/34f5736f8ecc550af53dc49784bc5fd304263d6f4e470846e4d2ff04 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	French luxury goods group Kering, home to brands such as Gucci and Yves Saint Laurent, said Wednesday a positive performance in North America and Asia helped it weather the coronavirus crisis last year. "In a year of upheaval, Kering showed great resilience and a remarkable flexibility. We emerge stronger from the crisis and ready to capitalise on the recovery," Kering boss Francois-Henri Pinault said in a statement. Sales fell 17.5 percent to 13.1 billion euros ($15.8 billion) last year but the group still posted a net profit of 2.15 billion euros, down 6.9 percent. After lockdowns slashed consumer spending early in the year, the second half saw a strong rebound, led by markets in Asia and North America, Kering said. In addition, there was a "very strong acceleration in e-commerce of nearly 70 percent." The company did not give precise forecasts for this year but said that "if the current environment is marked by many uncertainties, the health crisis has not undercut the key drivers of growth in the global luxury goods business." By brand, sales at Gucci last year tumbled 22.7 percent to 7.4 billion euros with Yves Saint Laurent down 14.9 percent at 1.7 billion euros. Bottega Veneta bucked the trend, with sales up 3.7 percent at 1.2 billion euros. kap-kd/ico/bmm/wdb
schema:headline	Kering looks to rebound after 2020 virus crisis
schema:mentions	Ico Acceleration E-commerce Gucci ReMarkable North America French language Asia Virus Coronavirus François-Henri Pinault Bottega Veneta Kering Luxury goods Yves Prigent
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	49 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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