Nike’s DTC exec Mary Beth Laughton will lead REI as president and CEO while Sephora North America CEO Artemis Park joins Levi ...
The crisis of the Chinese market does not stop luxury, which, having understood that it must necessarily meet other markets, ...
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Cartier owner posts record sales despite China slump
Cartier owner Richemont reported record quarterly sales on Thursday, beating expectations as a slump in key market China was ...
French luxury behemoth LVMH is scheduled to report results for 2024 on Tuesday. Here is what you need to know. SALES FORECAST: The owner of brands Louis Vuitton and Dior is expected to report revenue ...
Sales in the Asia-Pacific region fell 7% in the third quarter, dragged down by an 18% drop in China, Hong Kong, and Macau. Richemont reported healthier sales elsewhere in Asia, with "positive results" ...
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...
Bank of America separately published its year-ahead outlook for the luxury sector in which it upgraded LVMH, Richemont and Zegna (ZGN) to buy, downgraded Brunello Cucinelli (IT:BC) and Pandora ...
Zurich – Swiss luxury giant Richemont reported better-than-expected sales for ... thanks to local demand but also to tourist spending, particularly from North America and the Middle East. Sales also ...
Richemont, whose brands include Cartier and ... while both domestic demand and tourists from North America and the Middle East sent European sales up by 19%. Jewellery sales were particularly ...
Richemont reported healthier sales elsewhere ... Sales in Europe also surged 19 percent as local shoppers and tourists from North America and the Middle East splurged. They were up 20 percent ...
Canada saw fewer international retailer entries in 2024, reflecting strategic expansions and shifting market dynamics amid ...