Italy’s Salvatore Ferragamo announced first-half 2023 revenues totalled EUR 600 million, down 4.8 percent, on the back of double-digit digit declines in Asia Pacific and Japan, respectively.…
Italy’s Salvatore Ferragamo announced first-half 2023 revenues totalled EUR 600 million, down 4.8 percent, on the back of double-digit digit declines in Asia Pacific and Japan, respectively.…
Italy’s Aeffe Group announced revenues of EUR 162.9 million (USD 177.8 million) in the first half of 2023, down 7.7 percent, with plummeting sales in Europe and the Americas only partially offse…
Luxury brand Hugo Boss reported second-quarter sales increased 20 percent to EUR 1.03 billion (USD 1.13 billion), on the back of double-digit growth across all brands, regions, and channels.…
Italian luxury groups Zegna, Prada, and Tod’s all posted double-digit sales growth, respectively, for the first-half ending June 30, held up by equally large sales growth in Asia, as the region …
Richemont has acquired a controlling stake in Gianvito Rossi, the renowned Italian luxury shoe brand, in a private transaction.…
Kering is set to acquire a 30 percent stake in Valentino, announced as the group reported half-year results. The first half of the year for Kering has been marked with another significant deal in its …
Hermès announced consolidated revenue in the first half of 2023 amounted to EUR 6.7 billion (USD 7.4 billion), up 22 percent at current exchange rates, on the back of “exceptional growth” …
LVMH Group recorded revenue of EUR 42.2 billion (USD 46.76 billion) in the first half of 2023, up 15 percent, thanks to strong growth in Asia, offsetting smaller gains in the U.S.…
The luxury group’s jewellery maisons Buccellati, Cartier, and Van Cleef & Arpels delivered the highest sales increase at 24 percent, while Asia Pacific became the strongest performing marke…
British luxury brand Burberry announced first-quarter comparable store sales increased 18 percent, on the back of a skyrocketing increase in mainland China, South Asia Pacific and Japan revenues in ea…