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Kering Sees Potential to Triple the Revenue for Saint Laurent
10 monthes ago - By WWD
Kering has plans to keep the recent exponential growth of Saint Laurent going, targeting almost double the revenue by 2021.
At an investor day dedicated to Saint Laurent, Kering touted the brand's 14 consecutive quarters of 20-plus percent growth, and said it's on track to go from 1.2 billion euros in sales in 2016 to about two billion euros in sales by 2021.
Kering's longer term plan for Saint Laurent, which now has Versus Versace alum Anthony Vaccarello at the design helm after a commercially successful four years led by Hedi Slimane, includes three billion euros in sales.
Given Kering's...
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