French retail group PPR SA has posted a 5.8% increase in third-quarter revenue to EUR4.3bn (US$5.47bn) buoyed by strong sales in its luxury goods division.

In addition, PPR said that revenue for the first nine months of the year was up 7% to EUR12.6bn, with same-store sales up 6% on the comparable period last year.

François-Henri Pinault, chairman and CEO of PPR, said: "In the third quarter of the year, PPR posted satisfactory revenue growth. Companies in the Retail division notably benefited from acquisitions which enabled them to strengthen their positions in certain markets.

"The Luxury Goods brands posted excellent  performance, building on an already very high basis for comparison. Thanks to its positioning in two businesses, PPR is continuing its strategy of international growth."