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…
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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…
EXCELLENT 1ST QUARTER RESULTS Nike, one of the world’s most widely recognized brands, has reported an excellent start for the 2015 fiscal year with a 15% revenue increase over the same…
The good results achieved by Germany in the World Cup in Brazil do not fit with the poor performance experienced by adidas year to date, and stock has fallen over…
Inditex’s sales rose 11% at constant exchange rates in the first half of 2014, but net profit fell by 2.4% over the same period of 2013, which has caused a…
We recommend reading the last Susan Adams´article about Hermès, the French luxury giant, issued at Forbes magazine, on September, 8: Hermès: Luxury´s Secret Empire.
LVMH group could be interested in acquiring a stake in Proenza Schouler, the New York based womenswear and accessories firm founded in 2002 by designers Jack McCollough and Lazaro Hernandez. It is not…
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