By  on January 26, 2007

PARIS - Luxury leather goods powered PPR's fourth - quarter performance, as Gucci Group sales increased 15.3 percent, to 1.04 billion euros, or $1.34 billion.

Yves Saint Laurent gained traction with such hot handbags as the Downtown, contributing to a 26.3 percent gain in the fourth quarter, while the core Gucci brand's momentum increased in the three months ended Dec. 31; sales were up 12.5 percent and there were strong double-digit gains across all product categories except timepieces.

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