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Gucci owner shows off growth
French luxury and retail group PPR yesterday said it saw no sign of a slowdown as it posted third-quarter sales that comfortably beat expectations, pulled by strong growth at brands Gucci, Bottega Veneta and in markets such as China. The group’s luxury sales soared 24.6 per cent at constant exchange rates in the three months to 30 September to €1.28bn (£1.11bn).