Signs of recovery in China’s luxury market are becoming increasingly clear as fashion brands report encouraging results for ...

French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite from wealthy ...

Hermès sales surged as wealthy shoppers snapped up its pricey handbags over the holiday season, underlining the brand’s ...

Gucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...

Posting quarterly sales up by around 18%, Hermes continues to outshine rivals like LVMH and Kering-owned Gucci as the ...

According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.

Gucci’s downturn extended into the final stretch of 2024, with fourth-quarter revenue falling 24%, closing out a year in ...

Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...

He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...

The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.

Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.

European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.