Louis Vuitton and Fendi helped drive a 15 percent increase in the group’s sales in the second quarter.
Coach and Kors are primarily handbag firms in a market that isn’t seeing much growth at the moment.
Sales in the group’s key fashion and leather goods division rose 13 percent in organic terms in the three months to June 30.
Retail, luxury stocks were also on the rise in a buoyant market.
Double-digit growth in all regions helped to propel Q2 sales growth at the sporting goods brand.
The acquisition has the company squaring off with Coach as both seek to build American powerhouses.
Deutsche Bank doesn’t like the athleticwear brand’s near term growth prospects.
Jane Hali & Associates LLC offers research on the retail and fashion apparel market to institutional investors.
The new celebrity ambassadorship boosted sales on online marketplaces in China by an astounding 250 percent.