Luxury goods group Gucci has reported it's operating profit in the second quarter to July rose by 142.9 percent to 65 million euros (79.82 million dollars) from 26.8 million euros in the same period of last year. Sales rose by 9.8 percent to 641 million euros and gross margin amounted to 66.0 percent of sales, an increase of 1.7 percentage points. Gucci is currently the third largest luxury group in the world.