London—In what was viewed as a dramatic turnaround in the luxury market, Burberry Group PLC today reported a pretax profit ahead … [Read more...]
Luxurygoods
Week in Review: Top Fashion Reads from the Web
New York--Retail earnings season is definitely off to a mixed result. The U.S. Commerce Department reported better-than-expected … [Read more...]
May 17, 2013 -
Tod’s Predicts 2013 Profit Despite Q1 Sales Decline
Rome—Despite a decline in its first quarter sales, Tod's SpA Tuesday said it expects increased profit this year. For its … [Read more...]
May 15, 2013 -
How to Overcome Affluent Consumer Resistance to Indulge in Luxurygoods
Stevens, PA—If luxury spending by U.S. affluent consumers has chilled as some studies have suggested, then it will be incumbent … [Read more...]
May 14, 2013 -
Hermès Posts Smallest Sales Increase Since 2009
Paris—After posting record-breaking sales for 2012 in February, Hermès International SCA today reported its slowest revenue … [Read more...]
April 22, 2013 -
Burberry Surprises With Strong Q4 Sales
London—In a quarterly performance that analysts say outdid its rivals, Burberry Group Plc today reported its fourth quarter … [Read more...]
April 17, 2013 -
Fashion, Leathergoods Sales at LVMH Slow to 2009 Levels
Paris—LVMH, the world’s largest luxurygoods conglomerate, reported Monday that its first quarter sales rose 6% in line with … [Read more...]
April 16, 2013 -
Item of the Day
The folks at Maison Duret in Paris, a bespoke leathergoods atelier, are ticked pink to bring you this pink suede belt. Made from … [Read more...]
April 12, 2013 -
Hermès 2012 Profit Beats Expectations and Records
Paris—In marketing terms, Hermès enjoys a place at the top as “absolute luxury.” That rarified niche is proving lucrative, … [Read more...]
March 25, 2013 -
Due to “Disappointing Sales,” Mulberry Expects Lower Full Year Profit
Somerset, England—Citing disappointing sales and a drop in tourist spending in its London stores, Mulberry Group Plc today … [Read more...]
March 22, 2013 -
It’s Official: PPR to Be Renamed “Kering”
Paris—PPR, the luxury and sport brands conglomerate behind Gucci, Yves Saint Laurent, Puma, Bottega Veneta etc., confirmed today … [Read more...]
March 22, 2013 -
Tod’s 2012 Profit Rises on International Sales
Milan—Tod’s SpA raised its dividend Wednesday after posting a 2012 net profit on strong sales of its footwear and leathergoods … [Read more...]
March 14, 2013 -
