By  on February 13, 2018

PARIS — Another quarter of spectacular growth at Gucci left analysts and shareholders wondering how much longer the Italian label can keep up its market-beating performance. But parent company Kering is confident its cash-cow brand will continue to deliver double-digit growth in 2018.

The maker of Dionysus handbags and $590 logo T-shirts maintained its strong momentum under creative director Alessandro Michele, with organic sales rising 42.6 percent in the three months to Dec. 31 to 1.82 billion euros, beating market expectations.

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