Tag: Brand Earnings

Gucci cancels Seoul style present as a result of Itaewon stampede; LVMH e-commerce platform 24S will check stay purchasing

Catterton formally launched the primary RMB fund with a goal dimension of two billion L Catterton, the world’s largest shopper non-public fairness fund managed by LVMH, just lately accomplished the primary closing of its first RMB fund. The goal dimension of the fund is 2 billion yuan, and the primary closing quantity exceeded expectations. On the identical time, L Catterton…

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Zaobao | BlackPink members select the identical Chinese language designer for the primary time; Dior will launch a brand new collection in ZiWU Zhiwu

Dior will launch a brand new assortment at ZiWU Zhiwu within the Metaverse In line with the style enterprise information, Dior’s official web site introduced that it’ll maintain the 2023 spring and summer season ready-to-wear style present at 8:45 on September twenty seventh, Beijing time. It’s price noting that this isn’t the primary time that the 2 events have joined…

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LV womenswear inventive director bombards Kering Group’s values; Rolex will spend 1 billion Swiss francs to construct a brand new manufacturing unit

The winners and losers of the worldwide vogue business final week Based on the monitoring of Vogue Enterprise Categorical, Abercrombie&Fitch turned the largest winner within the vogue business final week, with its share value rising by almost 28%, with a market worth of roughly US$1.2 billion; Cosmo Woman’s share value rose by almost 24%, with a market worth of roughly…

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Canada Goose’s income within the second fiscal quarter soared by greater than 22%; LV opened the third home Louis Vuitton residence in Chengdu

Canada Goose’s income within the second quarter rose by greater than 22% Based on Trend Enterprise Information, within the second quarter of the 2023 fiscal yr ending October 2, the overall income of Canada Goose rose by 19% year-on-year to 277 million Canadian {dollars}, which was higher than anticipated, and rose by 22.3% in fixed alternate fee phrases. %. The…

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Lanvin’s income within the first half of the yr soared by 117%; Biyin Lefen made a web revenue of almost 600 million within the first three quarters

Lanvin’s income within the first half of the yr rose by 117% In accordance with Style Enterprise Information, Lanvin Group’s income within the first half of this yr rose 73% year-on-year to 202 million euros, and the gross sales of the core model Lanvin soared 117% year-on-year to 64 million euros, changing into the quickest rising model within the international…

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The Chinese language market has not but recovered, the wonder and fragrance sector carried out the worst, and the income of the style leather-based items sector soared by 22%

Louis Vuitton and Dior’s style leather-based items division’s income within the third quarter is approaching 10 billion euros Creator | Zhou Huining Because the world’s largest luxurious items big, LVMH continues to be standing tall and straight. In line with Trend Enterprise Information, within the third quarter ended September 30, the natural income of LVMH, which owns greater than 75…

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Zara mother or father firm declares sale of Russian enterprise; Gucci will launch males’s clothes sequence individually

Puma’s third-quarter gross sales rose almost 17% Within the three months ended September 30, Puma’s gross sales rose 16.9% year-on-year to 2.35 billion euros, and revenue earlier than curiosity and taxes rose 12.6% to 258 million euros. CEO Bjorn Gulden mentioned within the convention after the monetary report that the expansion of efficiency is especially on account of Puma’s robust…

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LV turns into the world’s most dear luxurious model; Levi’s guardian firm’s third-quarter revenue fell 11%

LV turns into the world’s most dear luxurious model The “2022 International Prime 50 Excessive-end and Luxurious Manufacturers by Worth” checklist launched by the British model analysis company Model Finance exhibits that Porsche, Louis Vuitton and Gucci are within the prime three, adopted by Chanel, Hermes and Cartier within the prime ten. , Dior, Rolex, Ferrari and Estee Lauder. The…

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Li Ning continued double-digit progress within the third quarter; Procter & Gamble’s income within the first quarter elevated by only one%

Li-Ning’s retail channel recorded a low-level progress of 20% to 30% within the third quarter Li Ning introduced just a few days in the past that retail gross sales within the third quarter recorded a mid-range progress of 10% to twenty% year-on-year. By way of channels, the offline channel recorded a mid-range progress of 10% to twenty%, of which the…

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