YSL Beauté Q3
This article was originally published in The Rose Sheet
Executive Summary
Yves Saint Laurent brand fuels Gucci Group's third quarter beauty division sales. YSL Beauté revenue grew 6.7% on a reported basis to $154.8 mil. (€1=$1.25) on the strength of makeup and skin care sales at Yves Saint Laurent, which experienced sales growth of 11.4% at constant exchange rates, according to Pinault Printemps-Redoute. Oscar de la Renta Rosamor fragrance exceeded expectations, and sales for both Boucheron Trouble and Stella McCartney Stella were higher than anticipated. Division sales increased 17.8% in the U.S. and 14.9% in Japan, while growth was more modest in Europe...