LONDON — Europe’s markets rebounded on Tuesday morning, with Kering the clear winner among fashion stocks.

The French luxury group gained 6.9 percent to 174.65 euros, after Kering reported late on Monday that its group sales rose 22.8 percent to 2.86 billion euros, or $3.16 billion in the three months to June 30, though its group profits fell 13 percent to 489.2 million euros, or $541.1 million in the first half of 2015. Investors were upbeat on the news that within Kering, Gucci was back in growth mode, with organic sales up 4.6 percent in the second quarter.

The CAC 40 in Paris gained 0.5 percent to 4,950.15, while the FTSE MIB in Milan rose 1.4 percent to 23,122.85. The FTSE 100 in London and the DAX in Frankfurt were both up 0.4 percent, to 6,531.55 and 11,096.66, respectively. Europe’s markets had fallen on Monday as China’s markets plunged. But on Tuesday, the Shanghai Stock Exchange Composite Index had fallen only 1.7 percent to 3,663.00, compared to its 8.5 percent decline on Monday.

The FTSE 100 in London was boosted by positive U.K. growth data. The Office for National Statistics reported that the U.K.’s gross domestic product rose 0.7 percent in the April to June period, compared to an increase of 0.4 percent in January to March. Compared to the April to June period in 2014, GDP was 2.6 percent higher.

Alongside Kering, fashion and luxury risers included Compagnie Financière Richemont, 2.3 percent to 80.80 Swiss francs; Asos, 2.6 percent to 35.30 pounds; Moncler, 2.8 percent to 17.32 euros and Luxottica Group, 3.1 percent to 65.95 euros.

Among the fallers were French Connection, 2.4 percent to 0.40 pounds; Koovs, 2 percent to 0.72 pounds;, 2.6 percent to 0.28 pounds and Italia Independent, 3.8 percent to 31.70 euros.

At 11:18 a.m. CET, the pound traded for $1.55, while the euro went for $1.10 and the Swiss franc for $1.04.

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