By  on October 28, 2010

PARIS — French retail-to-luxury firm PPR on Thursday reported a 12.9 percent increase in sales in the third quarter, fueled by strong demand for designer handbags, especially in emerging markets, and a return to growth at mail-order division Redcats.

“Each of our major luxury brands achieved double-digit growth, our retail businesses made solid progress and Puma’s sales rebounded,” PPR chairman and chief executive officer François-Henri Pinault said.

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