The top design job at luxury brands is starting to look like the career of a star athlete: well paid but often brutally short ...
Mélanie Flouquet, now chief strategy officer, is expected to take up the new position on March 1, with Boston Consulting ...
Earlier this month, while fashion lovers were converging on the city for the start of NYFW, news broke in Milan that change ...
Morningstar analysts said in a recent note: "A 10% to 20% tariff on European luxury goods could depress luxury sales in the U ...
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 ...
The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the ...
Hermes' shares are up by a quarter over the last 12 months, with its market capitalisation, currently at just below 297 ...
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, ...
MILAN — The pressure to find the right successor for Sabato De Sarno mounts, as analysts believe Gucci’s future relies ...
Gucci’s downturn extended into the final stretch of 2024, with fourth-quarter revenue falling 24%, closing out a year in which sales at Kering’s flagship brand dropped 23% to EUR 7.7 billion (USD 8 ...
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GlobalData on MSNGucci owner Kering sees 12% revenue drop in 2024The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
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