World Footwear

Luxury

Portuguese Josefinas celebrates 12 years of female luxury and empowerment

Aug 12, 2025 / Portugal
Josefinas, the Portuguese women’s footwear brand that has established itself in the world of luxury as a symbol of female empowerment, is celebrating its 12th anniversary

Prada reports solid first half amid challenging backdrop

Aug 7, 2025 / Italy
The Italy-based luxury group has posted a solid performance in the first half of the year. The Prada brand proved resilient during this period, while Miu Miu continued its accelerated growth trajectory

Hermès maintains growth trajectory

Aug 6, 2025 / France
Building on its performance in the first quarter, the France-based luxury group has reported continued growth in the first half of the year, driven by increased year-on-year sales across all regions

Kering’s revenue and profits tumble in the first half

Jul 31, 2025 / France
The parent company of Gucci and Yves Saint Laurent continues to struggle. In the first half of the year, revenue declined by 16% and net profit declined by 46%, as compared to the same period last year

LVMH posts decline in first half revenue and profit

Jul 28, 2025 / France
In line with its results in the first quarter of the year, the France-based luxury conglomerate ended the first half with a 4% year-on-year decline in revenue and a 22% decline in net profit

Burberry sees a slower revenue drop in the first quarter

Jul 23, 2025 / United Kingdom
The UK-based luxury company reported a 6% decline in revenue in the first quarter of its current fiscal year, but highlighted improvements in comparable retail sales in all regions

Loro Piana placed under court administration in Italy over worker exploitation

Jul 18, 2025 / Italy
The luxury cashmere label owned by LVMH has been placed under judicial administration for a year due to suspected worker exploitation and insufficient oversight within its supply chain

Prada acquires a 10% stake in the Rino Mastrotto leather group

Jun 18, 2025 / Italy
The Italian luxury group will hand over two tanneries to Rino Mastrotto, as well as an unspecified cash investment. This will enable Prada to exert greater control over its production process

Luca de Meo appointed Chief Executive Officer of Kering

Jun 18, 2025 / France
The CEO of the automotive group Renault has been appointed to the role of Chief Executive Officer of the luxury group Kering, marking a change in the company’s governance

Golden Goose reports double-digit growth in the first quarter

Jun 5, 2025 / Italy
The Italy-based luxury sneaker company reported double-digit growth in the first quarter of the year, driven by the successful performance of the DTC channel across all regions

Capri Holdings posts wider net loss in the fourth quarter

May 29, 2025 / United States
The US-based luxury group posted a wider net loss in the fourth quarter of fiscal year 2025 as it continues to execute initiatives aimed at returning to growth. The upcoming sale of Versace is expected to help reduce debt

Weak Asia Pacific demand drags down Ferragamo’s first quarter revenue

May 22, 2025 / Italy
The Italy-based luxury group reported a 2.6% decrease in revenue in the first quarter of 2025, compared to the same period last year, driven by weak demand in the Asia Pacific region

Tapestry raises full year outlook

May 14, 2025 / United States
The owner of Coach, Kate Spade, and Stuart Weitzman (whose sale is expected to be finalised in the summer) has reported strong performance in the first quarter, raising the outlook for the full year

Strong first quarter for the Prada group

May 7, 2025 / Italy
The Italy-based luxury group reported a strong first quarter, with growth in all regions despite a complex macro environment. The Miu Miu brand continues to thrive

Hermès continues to expand its production capacity

Apr 28, 2025 / France
With the opening of a new leather workshop in Normandy, which will ultimately create 260 new jobs for craftsmen, the French luxury group is reaffirming its commitment to expanding its production capacity
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