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By Mimosa Spencer PARIS (Reuters) -Shares of Kering traded down 5% in European morning trade on Thursday, after the group ...
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 ...
More than half of California’s 10 richest billionaires attended college in the Golden State, according to Forbes.
While reviving heritage fashion brands can be lucrative, only a handful have been financially successful despite critical ...
The scale of President Donald Trump’s tariffs has exceeded even the most bearish forecasts — and could impact these five ...
US spending on luxury brands down 6% on year Luxury demand "fragile" after US election Moves could erode profit margins PARIS ...
LVMH’s Dior said Anderson, who had held the top creative job at Loewe since 2013, is working on its menswear summer 2026 ...
Birkin bag-maker Hermès is planning to hike its already luxe prices in the U.S. on May 1 to address disappointing ...
Hermès said prices will rise from May 1 and aim to “fully offset” the impact of the universal 10% tariff the White House ...
A one-sentence statement served as the notice that Mr. Anderson, who reimagined LVMH’s Loewe brand, would lead men’s wear ...
The chairman and CEO of French luxury conglomerate LVMH has called for a free trade zone between the European Union and the ...