By  on February 18, 2010

PARIS – PPR said sales improved “significantly” in the fourth quarter of 2009, with revenues down just 3.2 percent compared with the same period a year earlier thanks to improving sales within its Gucci Group luxury division.

Group share of net income for full-year 2009 fell 0.8 percent to 712.4 million euros, or $993.5 million, from 718.0 million euros, or $1.05 billion, in 2008. Dollar figures are converted from average exchange rates for the period.

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