Kering looks to Yves Saint Laurent to reduce reliance on Gucci

dry SA is planning to double revenue at fashion house Yves Saint Laurent and its eyewear division, as the French luxury conglomerate seeks to reduce its reliance on star brand Gucci.

Under the plans laid out by the company during investor presentations in Paris on Wednesday and Thursday, sales of Yves Saint Laurent will reach €5 billion, which is roughly equivalent to $5.4 billion, and sales of eyewear will reach €2 billion in the medium term. Will go