Gucci owner sales soar above pre-pandemic levels  

The luxury brand owner's results provide more evidence that luxury sales are storming back from the pandemic as well-heeled shoppers crowd back into stores in much of the world

Lady Gaga attending the 'House of Gucci' UK premiere. The film drew more attention to the brand.

Kering shares rose the most since 2020 after sales at Gucci, the luxury group’s biggest brand, blew past pre-pandemic levels on demand for its latest collection.

A 32% jump in comparable revenue at Gucci during the fourth quarter was almost twice the increase analysts expected. The stock rose as much as 8%.