Originally a wool merchant, Loro Piana began as a textile mill, exporting high-end fabrics to Europe, Japan, and the Americas ...

while inflation prompted many Americans to avoid pricey luxury goods. In Europe, uncertainty surrounding politics led shoppers to hesitate. "50 million luxury consumers have either opted out of ...

Other key callouts to know were the leather hotpants, sleek riding boots, and a host of buzzy new handbag silhouettes that ...

One look at Hermès’s 2024 results will make you wonder if it operates in a different sector. The Birkin maker has had a market-defying growth stream at a time when many of its luxury peers are ...

In other luxury goods, LVMH's performance is contested more, as LVMH is losing share to, for example, Diageo in spirits and to Richemont in watches and jewelry. After weak industry sales in 2024 ...

The French luxury goods group's sales for the final three months of 2024 hit 3.96 billion euros ($4.16 billion), up nearly 18% and beating analyst estimates of 3.69 billion euros. Annual revenues ...

PARIS — Hermès International continues its streak as the leader of the luxury pack ... and jewelry), supply/demand imbalances in leather goods….Hermès is well-positioned in 2025,” said ...

British label Burberry, which offers more affordable luxury goods, reported better-than-expected sales after a prolonged slump, with help from stronger American spending. Cartier owner Richemont ...