Kering Group revenue in the third quarter was 3.8 billion euros, down 15 percent reported and 16 percent on a comparable ...
The Italian brand’s owner, Kering, issued its third profit warning in a row as demand for a toned-down Gucci disappoint.
Sales were down 7.2 per cent in the third quarter of 2024 as consumer demand continues to stall, especially in Asia.
DeWu, founded in 2015 by Jiangxi province-born billionaire Yang Bing as a platform to buy and resell sneakers, has become the beating heart of China’s vast luxury goods grey market, where products ...
The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across ...
Luxury brand investors are bracing to see if China's aggressive stimulus measures could be enough to pull its faltering luxury market out of the woods. In July, key industry players like LVMH and ...
Revenue Segments: New vehicle retail (+14%), Used vehicle retail (+8.5%), Used vehicle wholesale (+23.7%), Finance and ...
Introduction In today competitive market the way a product is packaged can significantly influence a brand success High-quality glass packaging enhances product appeal and strengthens brand identity m ...
That was Jean-Jacques Guiony, chief financial officer of French luxury group LVMH FR:MC Moët Hennessy Louis Vuitton, rebutting the idea that the company should offer products at lower prices.
Canada Goose is entering into a very difficult winter season as resellers pull back their order books and China growth slows ...
A mansion in Hong Kong sold for HK$470 million ($60 million), in another sign that lower interest rates and new government measures are helping revive the luxury housing market in the Asian ...