PARIS (Reuters) - Kering
The Paris-based conglomerate said its recurring operating income rose 53 percent year-on-year to 1.77 billion euros (1.56 billion pounds), a touch above the 1.73 billion euros average forecast in an Inquiry Financial poll of analysts.
Kering's top brand Gucci, in the spotlight as it looks to build on a recent sales boom to overtake luxury rivals like LVMH's
In the second quarter, comparable revenues at the Italian fashion label were up 40.1 percent from a year ago, following growth of nearly 49 percent in the first three months of the year.
(Reporting by Sarah White and Sudip Kar-Gupta; Editing by Leigh Thomas)