The global luxury market is projected to grow by up to 12 percent in 2023, according to a new study released by Bain & Company and Altagamma, the Italian luxury […]…

The global luxury market is projected to grow by up to 12 percent in 2023, according to a new study released by Bain & Company and Altagamma, the Italian luxury […]…
Alibaba Group said on Tuesday it will reorganise into six business groups and other investments, a move designed to unlock shareholder value and foster market competitiveness. …
British denim and apparel brand Superdry announced it has sold its brand in the Asia-Pacific region to South Korean company, Cowell Fashion Company.…
Nike Inc. announced revenues for its recently ended third quarter increased 14 percent to USD 12.4 billion compared to the prior year, or up 19 percent on a currency-neutral basis, with sales in its A…
Brunello Cucinelli reported net revenues of EUR 919.7 million (USD 983.75 million) for the year 2022, with 29.1 percent growth at current exchange rates, and 24.8 percent at constant exchange rates, a…
Italian luxury company Tod’s Group announced on March 13 consolidated sales for the year 2022 were up 14 percent to EUR 1.007 billion on 2021, and up 10 percent compared to pre-pandemic levels in 2019…
Denmark’s Lego Group on March 7 reported strong earnings for the full year of 2022, which saw the toy maker outpace the toy market during the year and gain market share. The Copenhagen-based com…
German sportswear giant Adidas announced on March 7 total revenues for the year 2022 grew just 1 percent, reflecting increases in all market segments except for Greater China. …
German sportswear giant Puma SE announced it expects Greater China to return to growth in 2023, adding its market share in the country is “significantly too low,” especially compared with …
Luxury apparel maker Moncler Group announced on Tuesday full-year 2022 revenues reached EUR 2.6 billion (USD 2.78 billion) up 25 percent, compared to 2021.…