FRANCE: PPR rental discs Q3 sales growth

French distribution group PPR has "satisfactory" in the third quarter reported revenue growth, supported by higher revenues of its luxury brands. Prada Bags 2012 Sales from continuing operations increased by 16.3% to EUR2.6bn (U.S. $ 3.35bn) in the third quarter. Like-for-like basis, sales rose 6.6%. Luxury division, which includes brands such as Gucci, Bottega Veneta and Yves Saint Laurent, has seen sales jump 24.3%, with fashion and leather goods increased by 11%. Sales rose 31% at Bottega Veneta and Yves Saint Laurent at 33%, while Gucci has seen its sales increase by 16%. Other luxury brands, sales increased by 45.6%, while on a comparable basis, sales increased by 15.5%. PPR generated sales of Gucci Asia Pacific grew by only 2%, while Western Europe has seen its revenues by 14% and North America grew by 11%. Bottega Veneta and Yves Saint Laurent has seen much of the sales growth in the Asia-Pacific region. Meanwhile saw PPR sports and lifestyle division to increase its sales by 5% and falling 1.2% on a comparable basis. Profit at Puma by 6% and remained stable on a comparable basis to comparable data. ? Chairman and CEO Francois-Henri Pinault said: "PPR has once again a very satisfactory performance is increased during the quarter, sales for the luxury and sport & lifestyle divisions by 6.6% luxury division continues to record exceptional growth driven by the dynamics of . our brands in all areas of the Group. "