By  on October 24, 2008

PARIS – PPR eked out a 1.7 percent gain in third-quarter sales to 4.94 billion euros, or $7.44 billion, with modest gains in luxury goods and at Puma offsetting weakness at its retail arm.

“Overall, PPR performed well in the difficult conditions we encountered in the third quarter,” Jean-Francois Palus, PPR’s CFO, told a conference call Thursday. “We are very much focused on cost control and efficiency of operations in all our brands, including luxury brands.”

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