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Quarterly sales at the two groups and market leader LVMH show the winning brands are those targeting the very wealthy
Hermès’s revenue growth in high-margin leather goods shows why the group leads the luxury sector on valuation
Maker of Birkin bags beats expectations with strong demand for leather goods and jewellery as it defies luxury slump
Shoemaker has issued five profit warnings since private equity firm Permira listed it in London in 2021
Family-owned company looking to sell up to 24% of its share capital
German group secured over €500mn of orders in online sale after severing ties with Kanye West following antisemitic remarks
First-quarter revenues grew 2% at flagship fashion and leather goods unit, against an 18% jump a year ago
Troubled retailer names chief brand officer as its new boss as it flags sinking orders in US
Puig has been buying up brands and its diversification into cosmetics is paying off
Family business behind Charlotte Tilbury and Paco Rabanne plans to list in Madrid and other Spanish stock exchanges
Buying property is not the smartest use of luxury cash flows
Purchase of Via Monte Napoleone 8 from Blackstone comes as luxury groups compete for desirable locations
Private equity firms Bain Capital and Permira also interested in lossmaking ecommerce business owned by Richemont
The Danish company has benefitted from being built on a long-term perspective
Antonio Belloni has worked at French luxury tycoon’s side for 23 years
Lacklustre performance dents hopes of strong rebound in new European listings
The dramatic sales collapse suggests it is time to consider each brand individually
Billionaire retailer’s Frasers Group recently increased its stake in toy company
Falling sales at flagship brand weigh on French luxury group’s outlook
Consumer group aims for €800mn of cost savings as it separates division
Private equity group will acquire majority stake from Bluegem as beauty market remains buoyant
Illinois jury awards $35mn more than was sought by the plaintiff’s lawyer
Chinese consumers’ shift to gold jewellery helps push down demand despite wider revival in luxury market
World’s second-largest sportswear brand expects boost from key market as it battles US slowdown
The German sportswear brand is expected to report a profit despite the Yeezy debacle
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