The two workshops, which will employ 500 people, will allow the French luxury house to increase its production capacity while remaining committed to its artisanal culture
While committing to becoming the best place to work for women, the luxury group announced its support to the National Literacy Trust and The Prince’s Trust women supporting initiatives
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February
The luxury e-commerce platform has reported a record Gross Merchandise Value of 4.2 billion US dollars in 2021. Adjusted Ebitda margin rose to a positive 0.1%
The New York-based designer and marketer of footwear, accessories and apparel has reported revenue of 1.9 billion US dollars in 2021. Revenue in the fourth quarter grew by 63.9%
The French-based luxury group reported an increase in revenue of 42% at constant exchange rates, and 41% at current exchange rates, as compared to 2020, reaching 8.98 billion euros
The luxury group reached revenue of 17.65 billion US dollars, up by 35% and by 13%, on a comparable basis to 2020 and 2019, respectively. Gucci sales bounced back to 2019 levels
The New York-based luxury group, owner of Coach, Kate Spade and Stuart Weitzman, improved its outlook for fiscal 2022 after reaching 2.14 billion US dollars revenue in the second quarter
The fashion luxury group has posted revenue and earnings above expectations in the third quarter of fiscal 2022, raising once again its full year outlook
Chinese consumers spent around 471 billion yuan (74.3 billion US dollars) on personal luxury goods last year, despite challenges posed by the COVID-19 pandemic
The Italian-based luxury group has reported revenue growth of 29.6%, reaching 1.14 billion euros, as compared to 2020. Footwear and leather goods sales represented the main share
The luxury group has reported strong growth over 2021, following the disruption of the first half of 2020 resulting from the global pandemic. Revenue for the full year reached 64.2 billion euros
The Chief Executive of Kurt Geiger, Neil Clifford, has told the daily The Times that the British retailer is planning to open a new shop every month of the current year
The UK-based luxury group has reported that, in the third quarter of fiscal 2022, full-price sales increased driven by a strong performance in outwear and leather goods and in the US market