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This article was originally published in The Rose Sheet

Executive Summary

Prestige brands Gucci, Anna Sui and Alfred Dunhill drive first quarter cosmetics and fragrance division sales up 27.5% to $105.1 mil. ([Euro]1=$.87) including currency effects, Darmstadt, Germany firm says. Retail division sales grew 22% to $197.2 mil., while professional division, representing 49% of total sales, grew 10.2% to $287.8 mil. Consolidated first quarter gains reached $590.1 mil., up 16.8% over prior year, and net profit for the quarter increased 47.2% to $17.6 mil., firm says
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