According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
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Gucci sales drop by 24% as per its Q4 reports
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, ...
PARIS (Reuters) -French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite ...
The company has outperformed rivals because it caters to the wealthiest clients, whose spending tends to be more reliable ...
Signs of recovery in China’s luxury market are becoming increasingly clear as fashion brands report encouraging results for ...
Hermes sales climbed as the luxury group benefited from a strong appetite for its pricey handbags over the holiday shopping ...
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite from wealthy ...
PARIS – Hèrmes International continues its streak as the leader of the luxury pack, with sales up 18 percent at constant ...
The fragrance offers a blend of citrus and violet, which has been mixed with middle notes of vanilla and set against a base ...
Deutsche Bank raised the firm’s price target on Kering (PPRUY) to EUR 340 from EUR 320 and keeps a Buy rating on the shares.Maximize Your ...
Morgan Stanley raised the firm’s price target on Kering (PPRUY) to EUR 280 from EUR 250 and keeps an Equal Weight rating on the shares.Maximize ...
Multinational companies (MNCs) are losing ground in China as their "halo effect" fades amid rising competition and a consumer spending slump, while analysts warn that a trade war with the US could ...