Financial Times FT.com

Black is the new season's colour for Yves Saint Laurent

By Vanessa Freidman

Published: March 9 2009 02:00 | Last updated: March 9 2009 02:00

Black is finally back at Yves Saint Laurent - on the balance sheet as well as the catwalk.

Ten years of losses at the trend-setting French fashion house that today holds its autumn/winter women's wear show in Paris added up to more than €400m ($506m). Pinault Printemps RedoutePPR, the parent company of Gucci Group, which owns YSL, announced the brand had reached breakeven in 2008, with revenues of €263m that resulted in recurring operating income of €0.3m.

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