Ferragamo's sales down 4% in fourth quarter, sees "encouraging results"
Italian luxury goods group Salvatore Ferragamo said on Thursday its revenue dropped by 4% at constant currencies in the ...
Is Luxury Still Worth It? Luxury Brands Try To Justify High Prices
Luxury, once deemed immune to market shifts, faces a reality check post-Covid. Surging prices spark consumer doubts on social ...
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
Maxuria Announces Global Marketplace Connecting China’s $60 Billion Pre-Owned Luxury Market with International Buyers
SAN FRANCISCO, CA / ACCESS Newswire / /Maxuria, a Bay Area-based innovative online marketplace specializing in pre-owned ...
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Luxury goods sales at department stores rise despite economic downturn
South Korea's three major department store chains said Tuesday their luxury goods sales continued to rise last year on steady ...
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Luxury Spending May Be on the Rise This Year, Thanks to Vacation Shopping: Report
Luxury spending may return to growth in 2025, according to a new report from the Bank of America Institute that credits ...
Louis Vuitton Parent LVMH’s Revenue Beat Offers Hope for Luxury Sector
The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the ...
LVMH earnings highlight uneven recovery in the luxury goods sector
LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results ...