Richemont Q3 sales rise 4%; Alaïa, Delvaux, Dunhill and Peter Millar are strong

[ad_1] Chloé, Alaïa and Dunhill owner Richemont has reported its results for Q3 — the all-important ‘Golden Quarter’ — with sales up by 4% on a reported basis to €5.593 billion, or 8% at constant exchange rates (CER). See catwalkAlaia – Fall-Winter2023 – 2024 – Womenswear – Paris – © ImaxTree That was a slowdown at […]

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Luxury’s rebound is proving elusive as China gloom adds to warnings

[ad_1] By Bloomberg Published Jan 17, 2024 Luxury stock investors are facing the risk of more bad news as the likes of Burberry Group Plc and Hugo Boss AG fell short of already reined-in expectations and economic data from China dents chances of a near-term rebound. Burberry – Spring-Summer2024 – Womenswear – Royaume-Uni – Londres […]

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Struggling fashion house Trussardi nears brand, assets sale

[ad_1] By Bloomberg Published Jan 16, 2024 Struggling Italian fashion house Trussardi SpA is nearing a deal that will see it transferred to a new owner and have assets sold off as part of a debt restructuring.  See catwalkTrussardi – Fall-Winter2023 – 2024 – Womenswear – Milan – © ImaxTree After an extended marketing process […]

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Battered luxury stocks face fresh setback Ffom Burberry warning

[ad_1] By Bloomberg Published Jan 13, 2024 Luxury stocks are off to a rough start this year, adding to their 2023 drop, with Burberry Group Plc’s surprise profit warning crushing hopes for a near-term rebound. See catwalkBurberry – Spring-Summer2024 – Womenswear – Royaume-Uni – Londres – © Launchmetrics Burberry shares slumped as much as 15% […]

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