By Matthew Dalton

 

PARIS--Kering SA (KER.FR), the owner of Gucci and Saint Laurent luxury brands, said Tuesday first-quarter revenue surged 31% to 3.57 billion euros ($4.07 billion).

Gucci, Kering's biggest's brand, continued its strong performance of the past two years, with revenue soaring 51% in the quarter.

Kering Chief Executive Francois-Henri Pinault said sales in the quarter benefited "from somewhat more favorable market conditions" and "meticulous execution."

 

Write to By Matthew Dalton at matthew.dalton@wsj.com

 

(END) Dow Jones Newswires

April 25, 2017 12:14 ET (16:14 GMT)

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