Gucci's net climbs 69% on strength of Asian recovery

Article Abstract:

Gucci Group NV posted a 69% rise in its net profits for the 1999 year. The company posted $330 million (342.3 million euros) in net profits for the year.

---

Fashion houses face slowdown after attacks

Article Abstract:

The article discusses how consumers are cutting back on fashion, and fashion houses are experiencing a slump after the Sept. 11 terrorist attacks. LVMH Moet Hennessy Louis Vuitton S.A., for example, cut the forecast of its operating profit growth from 10% to 5%, from the original target of more than 10%.

Europe, France, Abstract, LVMH Moet Hennessy Louis Vuitton S.A.

---

Gucci Group has glum news for luxury-goods sector

Article Abstract:

Gucci Group N.V. posted a decline of 51% in its net profits for the fiscal third-quarter ending October 31, 2001. The group posted 62 million euros in net income for the period.

Profit, Profits

Similar abstracts:

• Abstracts: McDonald's net declines by 16% on overseas trade. McDonald's net rises, but not its stock. McDonald's net misses analysts' mark
• Abstracts: Portugal to sell 39% stake in its ailing flag carrier. SAir Group agrees to buy 42% stake in Portugalia. Poland, SAir, sign airline deal
• Abstracts: UPC's net loss more than tripled for the year. UPC's loss is lower than expected. Goldman Sachs is stuck with big UPC loan
• Abstracts: Degrees of poverty. Dosh for dons. The gap widens
• Abstracts: Children's shows helped BBC boost revenue last year. BBC might accept ads as way to lift revenue. Pearson TV, CLT-UFA are close to a merger

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.