Valentino's operating profit experienced a 22% decrease in 2024, attributed to a slowdown in global luxury demand and one-off ...

Chinese consumers' spending on luxury goods has been affected by falling property prices and uncertainties over the trade war ...

On Friday morning, Valentino shared its financial results for the full year 2024, revealing that its profits dropped a sizeable 22% to €246 million EUR in the 12 months as the company struggled to ...

Alarm bells are ringing across the high-end sector. 2024 did not end as luxury brands had hoped, and the figures published by ...

Shortsellers targeted a wider range of equity sectors in March before U.S. President Donald Trump's April 2 "Liberation Day" ...

LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor pessimism after disappointing first-quarter ...

LVMH stock tumbles 8% as Q1 sales fall short, dragging luxury peers lower amid geopolitical tensions and economic concerns.

We now expect 2025 to be another depressed year for the brand.

Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...

In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to ...

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian ...

The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership and could put the company in a ...