Tit-for-tat tariffs add to peril for global brands as consumers favour high-quality domestic rivals amid a spending slump, ...
Hermès, reported above estimate sales and revenue showing there is still a demand for exclusivity in an otherwise sluggish ...
This week, fashion’s biggest headlines covered big-name runway shows, staggering sales reports, exciting store openings and ...
French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite ...
The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the ...
Birkin bag maker Hermes reported higher sales for the final quarter of 2024 boosted by a strong performance in the Americas, adding to signs of a rebound in demand for luxury goods.
Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
Gucci’s downturn extended into the final stretch of 2024, with fourth-quarter revenue falling 24%, closing out a year in ...
Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...
He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.