COMPANIES 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 on Monday holds its autumn/winter women’s wear show in Paris added up to more than €400m ($506m). PPR, 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.
