French luxury conglomerate LVMH Moët Hennessy Louis Vuitton said on 12th April that the total sales in first quarter 2022 surged 29% to 18 billion euros ($19.54 billion), despite overall revenue growt…
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Yatsen Holding sees 2021 revenue rise 11.6 percent in 2021
Yatsen Holding Limited, the parent company of Chinese beauty brand Perfect Diary, posted total net revenue of 5.84 billion yuan (US$916.4 million) in 2021, a year-on-year increase of 11.6 percent. Me…
Prada APAC sales up 29 percent in 2021
Italian luxury house Prada announced on 14th March that its sales in Asia Pacific rose almost 30 percent for the full-year 2021, with the region surpassing sales of 1.1 billion euros (US$1.2 billion) …
Hermès 2021 sales lift 42 percent, Asia up 45 percent on Greater China, Australia and Singapore
French luxury maison Hermès recorded a 42 percent sales increase in 2021, on the back of stellar sales growth in Asia, driven by revenue gains in Greater China, Australia and Singapore.…
Havaianas delivers record-breaking sales in 2021
This February, Brazilian footwear giant Alpargatas, owner of Havaianas, released its earnings report for Q4 2021 and for the full year. The annual revenue rate increased 3.5-fold, driven by Havaianas,…
Kering scores record sales growth in 2021, Gucci and Saint Laurent remain strong
French luxury group Kering announced on 17th February record annual revenues of €17.02 billion (US$ 19.3 billion) in 2021, up 35 percent on a reported basis compared to 2020, and up 13 percent compare…
L’Oréal North Asia sales lift 18 percent in 2021
French cosmetics giant L’Oréal Group announced record sales growth in 2021, on the back of strong growth in North Asia and a recovery in China.…
L’Occitane International announces financial results
Despite the continued impact of COVID-19, L’Occitane International delivered a strong set of results in the first half of FY2022, with sales growth accelerating to 7 percent above pre-pandemic l…
Alibaba announces financial results
Alibaba Group Holding Limited reported the group’s revenue growth rose 29 percent to RMB 200.69 billion (US$31.44 billion), its slowest rate of growth in six quarters for the quarter ended 30th Septem…
Yatsen announces financial results
The Chinese beauty company Yatsen Holding Limited reported its net revenues for the third quarter ended 30th September, 2021 increased by 6 percent to RMB 1.34 billion (US$208.4 million) from RMB1.27 …