World Footwear

Luxury

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

Gucci continues to be a drag on Kering’s performance

Apr 24, 2025 / France
The France-based luxury group has reported a weak first quarter. Gucci continues to weigh down on its performance, with revenue down on a reported basis by 24% year-over-year

Jonathan Anderson takes over Dior menswear helm

Apr 23, 2025 / France
Jonathan Anderson has been appointed artistic director of Dior's menswear line, the house has confirmed. He succeeds Kim Jones, who stepped down in January

Hermès continues to outperform the sector, but growth slows

Apr 21, 2025 / France
The French luxury group continues to outperform the sector, but its growth has slowed in the first quarter, as compared to the prior quarter. US prices to rise from May due to the impact of tariffs

LVMH reports drop in revenue in the first quarter

Apr 16, 2025 / France
Amid a disrupted geopolitical and economic environment, the France-based luxury conglomerate has reported a decline in first quarter revenue. Europe was the only region to grow

New CEOs at Fendi, Kenzo and Louis Vuitton China

Apr 9, 2025 / France
The France-based luxury conglomerate LVMH has appointed Ramon Ros as CEO of Fendi, Charlotte Coupé as CEO of Kenzo and Daniel DiCicco as regional president of Louis Vuitton for mainland China

Capri Holdings announces CFO resignation and appoints interim successor

Apr 2, 2025 / United States
Thomas J. Edwards, Jr, currently Chief Financial Officer and Chief Operating Officer of Capri Holdings, has resigned. Rajal Mehta, Chief Financial Officer of Michael Kors, will assume the role on an interim basis

Executive reshuffle at LVMH

Mar 20, 2025 / France
Frédéric Arnault has been appointed CEO of Loro Piana. Meanwhile, Damien Bertrand has been appointed deputy CEO of Louis Vuitton and Fendi CEO Pierre-Emmanuel Angeloglou joins Dior as deputy CEO

Demna named new creative director at Gucci

Mar 19, 2025 / France
Demna, who has been creative director of Balenciaga since 2015, has been appointed as the new creative lead at Gucci, the Kering Group, parent to both houses, announced

Donatella Versace leaves the creative helm at Versace

Mar 14, 2025 / United States
Dario Vitale will be the new creative director of Versace from the 1st of April, the parent company Capri Holdings has announced. Donatella Versace has been appointed Chief Brand Ambassador
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