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Gucci, which represents a third of Kering’s total turnover and accounts for about half of sales in the luxury division, did not managed to increase its turnover in 2014. Gucci sales…

Tourism is an important sector for the Madrid´s economy, contributing 6% to regional GDP. The City of Madrid in 2014 recorded the highest number of tourists ever achieved, 8.4 million…

Tourism is a strategic sector in Spain, accounting for 11% of national GDP, and generates 12% of total employment. In 2014, Spain consolidated its third position among the most visited…

Prada has opened four new stores since January, one in Kuala Lumpur, another one in Auckland and two in Sanya, South of China. The stores have been designed by famous…

Ralph Lauren has been historically very much consistent on its earnings reports but on February 4, the company announced some third quarter disappointing results. It caused a stake decline by…

French group LVMH announced a €30.6 billion revenue in 2014, an increase of 6% over 2013 (+5,6% growth year-on-year). Net profit increased by 64% toNevertheless, profit from recurring operations fell…

Puig continues to expand its luxury perfumery portfolio with the acquisition of the British firm Penhaligon’s and the French L’Artisan Parfumeur . The purchase was made for investment funds Fox…