Latest News: luxury brands
July 15, 2024 7:46 am
Published by Angela Beevers
Luxury brand Burberry has suspended dividend payments for its current financial year as it issued a profit warning after a “disappointing” first quarter performance. The brand... View Article
May 1, 2024 9:38 am
Published by Angela Beevers
Mulberry has announced that its full year group revenue has declined by 4% due to consumers cutting back on luxury spending. In a year-end trading update... View Article
January 17, 2024 8:16 am
Published by Angela Beevers
Mulberry has seen its festive revenue fall by 8.4% after being hit by a slowdown in luxury spending by consumers. In the 13 weeks to 30... View Article
November 30, 2023 8:29 am
Published by Angela Beevers
Mulberry saw its revenue increase by 7% to £69.7 million in its first half as it continues to invest in its long-term future. In the six... View Article
November 16, 2023 8:03 am
Published by Angela Beevers
Burberry has reported a 4% increase in half-year revenue to £1.396 billion as it benefits from strong trading in its core categories. The uplift in the... View Article
November 13, 2023 6:23 am
Published by Angela Beevers
Richemont has announced that its group director of operations, Karlheinz Baumann, has joined its senior executive committee. Baumann began his career in 1996 as a McKinsey... View Article
July 31, 2023 8:48 am
Published by Angela Beevers
Luxury brand Prada has seen its first half revenue climb by 20% to €2.23 billion as its focus on creativity and a strong brand identity continues... View Article
July 19, 2023 8:26 am
Published by Angela Beevers
Zegna Group has announced that Lelio Gavazza has been appointed to the newly created position of chief executive of Tom Ford Fashion. Due to take up... View Article
July 14, 2023 8:56 am
Published by Angela Beevers
Burberry has posted a 17% increase in first quarter retail sales after benefiting from its ongoing recovery in China, In the 13 weeks to 1 July,... View Article