PARIS (Agefi-Dow Jones)–Kering said on Wednesday it was aiming to double sales of Yves Saint Laurent to 5 billion euros in the medium term, while the brand’s operating margin should reach 33%.
In 2021, YSL reached a turnover of 2.52 billion euros, up 45% year-on-year. Its operating margin was 28.3%.
These objectives were provided during an investor day reserved for analysts on Wednesday. They appear in a presentation posted on the group’s website. Kering will detail on Thursday its ambitions for its main division, Gucci, as well as for Kering Eyewear.
-Francois Schott, Agefi-Dow Jones; 01 41 27 47 92; [email protected] ed: ECH
Agefi-Dow Jones The financial newswire
Dow Jones Newswires
June 08, 2022 13:14 ET (17:14 GMT)