By  on July 26, 2007

PARIS – Boosted by solid sales at Gucci Group and the inclusion of its new Puma division, PPR on Thursday reported better than expected second quarter sales growth of 18.1 percent.

The French retail and luxury conglomerate said sales in the three months through June reached 4.79 billion euros, or $6.46 billion at average exchange, from 4.06 billion euros, or $5.47 billion, a year earlier, slightly above most analysts’ consensus expectations.

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