By
Reuters
Reuters
Published
Aug 1, 2013
Aug 1, 2013
Bottega Veneta says first half 2013 sales grew 12.9 percent
By
Reuters
Reuters
Published
Aug 1, 2013
Aug 1, 2013
MILAN, Italy - Italian fashion brand Bottega Veneta, owned by French luxury group Kering, said on Thursday first-half sales rose 12.9 percent at constant currencies to 465.6 million euros ($618.24 million).
The maker of woven leather tote bags priced from around 5,000 euros said its 209 directly-operated stores accounted for approximately 82 percent of total sales in the first six months of 2013.
Bottega Veneta, Kering's second-largest luxury brand after Gucci, said recurring operating income was 146.5 million euros in the second quarter, equal to 31.5 percent of revenues.
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