earnings

Richemont has actually signed up with several of its deluxe competitors in seeing a normalisation of development, uploading sales up 5 percent at continuous currency exchange rate to EUR4.89 billion …

Burberry is the current business to be influenced by the international decline in high-end costs, cautioning it might not have the ability to satisfy its initial projection of reduced double-digit …

High-end ecommerce system Mytheresa remains to avoid the battles of its lots of rivals, with first-quarter earnings up 12 percent year-on-year on a consistent money basis to EUR187.8 million. The …

Ferragamo’s gross sales dropped 7.6 per cent year-on-year to €1.16 billion in 2023, in response to the corporate’s preliminary earnings, as the luxurious slowdown hampered its turnaround. Gross sales fell …

Italian model Brunello Cucinelli defied the broader luxurious slowdown in 2023 due to its high-end positioning and powerful vacation buying and selling, reporting a 23.9 per cent leap in full-year …

Hugo Employer resisted the slump in invest from aspirational customers in 2023, reporting an 18 percent uplift in full-year sales on a currency-adjusted basis to a document EUR4.2 billion. Nonetheless, …

LVMH sent out a message of confidence to the deluxe market on Thursday, reporting a 10 percent enter fourth-quarter natural sales development to around EUR23.95 billion, defeating assumptions. Yearly sales …