Luxury Demand Fueled Sales for PPR

Multi-brand retailer PPR SA said the performance of its Luxury Group led the way for the first quarter turning in what the company described as a “stellar performance” with revenue surging 26.2 percent to 1.13 billion Euros ($1.68 billion).

Brands in the Luxury Group include the Parisian luxury jeweler, Boucheron, which reported double-digit growth in sales for the period “spurred by a buoyant