Home / Knowledge / News / Fashion / Kering's gross margin rises 12.36% in 2015
Kering's gross margin rises 12.36% in 2015
22
Feb '16
Kering, a France based group of 21 internationally reputed apparel and accessories companies, reported a rise of 12.36 per cent in its gross margin in 2015 to €7,074.2 million as compared to €6,295.8 million in 2014, according to a press statement released by the group.

Net income for the group was €696 million in 2015 as compared to €528.9 million in 2014, a rise of 31.6 per cent. EPS was €5.52 in 2015 as compared to €4.20 in 2014, a rise of 31.42 per cent.

Income before tax for the group was €1,004.1 million in 2015, a fall of 25.86 per cent as compared to €1,354.5 million in 2014.

Total revenue posted by the group was €11,584.2 million in 2015 as compared to €10,037.5 million in 2014, a rise of 15.40 per cent.

Commenting on the results, Francois-Henri Pinault, chairman and CEO of the group said, “Kering's solid 2015 results reflect brisk sales and improved operating performances in the second half of the year. These results come amid a more complex economic and geopolitical environment, accentuating the shifts taking place in our sector.”

“I am confident that the work of our creative teams and the commitment of all our associates will enable us to extend our growth trajectory in 2016 and beyond,” he added. (MCJ)

Fibre2Fashion News Desk - India

Must ReadView All

Courtesy: Pan Brothers

Apparel/Garments | On 30th May 2017

Pan Brothers to set up 2 new garment factories

PT Pan Brothers Tbk plans to increase its production capacity by...

Apparel/Garments | On 30th May 2017

Levy uniform rate of GST on yarn & fibre: SIGA

The South Indian Garment Association (SIGA) has urged Union finance...

Textiles | On 30th May 2017

ExxonMobil, SABIC sign deal for next phase of US project

Affiliates of Exxon Mobil Corporation and Saudi Basic Industries...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search