Brunello Cucinelli said it expects to grow strongly in the coming years after it reported better-than-expected revenue for the fourth quarter despite a slowdown in demand for luxury goods that is ...

but weak growth shows that the industry is struggling to turn the page after months of sluggish demand for luxury goods. The French luxury empire reported revenue of 23.93 billion euros ($25.11 ...

The luxury market is thriving, driven by rising disposable income, a booming economy, and high demand from Gen Z and ...

Revenue: €84.7 billion. Profit from recurring operations: €19.6 billion. Free cash flow: €10.5 billion. Acceleration in the fourth quarter, driven by Asia, the United States and Europe. Major economic ...

LVMH’s Q4 earnings exceed expectations with 1% organic growth, despite challenges in Asia and a decline in spirits sales.

You may not be able to define luxury, but chances are good that you know it when you see it. Luxury goods ... if that growth comes from a mid-market customer base -- high revenue growth is rare ...

Between 2019 to 2023, price increases accounted for 80% of luxury’s growth, with prices for what McKinsey called “leather goods and other iconic products” growing as much as 50% to 100% for ...

Winning them back and reviving the luxury-goods industry's sales ... saying they expect a return to modest growth this year. "Whilst the worst of the revenue decline is behind us, demand remains ...

Richmont, the parent company of Cartier, announced revenue ... growth from high-end brands may lead to improved performance in the luxury sector this year. The headquarters of luxury goods group ...

The anticipated sales growth for these jewelry brands is expected to outperform the luxury goods sector as a whole ... to contribute to significant revenue growth. The analyst’s revised price ...