Financial

Capri Holdings Limited

Financial

Michael Kors, Versace Parent Company Logs $219 Million Profit as Luxury Sector Rebounds

The firm raised its full-year guidance as a result and continues to increase prices across the portfolio.

clock July 30, 2021Kellie Ell

Hermès Troy, Michigan

Financial

Hermès First-half Operating Income Jumps 50.5% Versus 2019

The company reported strong demand for its fashion and accessories and a sharp sales rebound driven by Greater China and the Americas.

clock July 30, 2021Alex Wynne

Prada RTW Fall 2021

Financial

Patrizio Bertelli’s Strategies Are Leading to Strong Growth at Prada

The strategies set in motion by Prada’s chief executive officer resulted in growth in profitability and revenues in the first six months of the year.

clock July 29, 2021Luisa Zargani

Prada Men's Spring 2022

Financial

Prada Swings to Profit, Reports Strong Growth in First Half of 2021

Prada reported a 60 percent growth in revenues, reflecting solid gains in Asia-Pacific and U.S. markets.

clock July 29, 2021Luisa Zargani

saucony sneakers on a road

Financial

Wolverine Bounces Back in the Second Quarter

The Merrell and Saucony parent company also upped its outlook for the year.

clock July 29, 2021Evan Clark

A positive outlook at Puma.

Financial

Puma’s Q2 Revenues Leap 95.8% as North America Powers Ahead

The company has returned to pre-pandemic growth but supply chain worries loom.

clock July 29, 2021Cathrin Schaer

shopify logo on bag

Financial

Shopify GMV Rises to $42.2B, Platform Gaining Fashion Traction

The platform company’s second quarter showed just how lucrative the space between brands and online consumers has become.

clock July 28, 2021Evan Clark

Looks from the Gucci Aria show, with 13 new looks added to the 100th-anniversary collection.

Financial

Can U.S. Consumers Keep Delivering Growth for Luxury Brands?

Gucci owner Kering rode a wave of U.S. luxury spending in the second quarter to deliver better-than-expected results.

clock July 27, 2021Joelle Diderich

Moncler

Financial

U.S., China and Digital Channel Boost Moncler Profits, Sales in First Half

Moncler, which consolidated the Stone Island business in April, returned in the black in the first half of the year.

clock July 27, 2021Luisa Zargani

Balenciaga did a range of accessories hacked from Gucci and its GG canvas.

Financial

Kering Net Profit Up 159.5% in H1 as U.S., Asia Sales Rebound

Organic sales at Gucci, which is celebrating its centenary, rose 86 percent in the second quarter, exceeding analysts’ expectations.

clock July 27, 2021Joelle Diderich

Sandro RTW Fall 2021

Financial

SMCP Reports Strong Momentum in Second Quarter

Sales for the owner of Sandro, Maje, Claudie Pierlot and De Fursac grew 59.1 percent in the three months to June 30.

clock July 27, 2021Alex Wynne

A look inside the temporary Dior store on Fifth Avenue in Manhattan.

Financial

LVMH Sees No Shift Away From Luxury Goods as Markets Reopen

The fashion and leather goods division, home to Louis Vuitton and Dior, remains the key driver of growth at the world’s largest luxury group.

clock July 26, 2021Joelle Diderich

The Louis Vuitton Walk in the Park temporary residence

Financial

LVMH H1 Net Profit Up 62% Vs. 2019 as Fashion Sales Soar

Sales in the key fashion and leather goods division were up 40 percent in the second quarter versus the same period in 2019, led by Louis Vuitton and Dior.

clock July 26, 2021Joelle Diderich

Armani Privé Couture Fall 2021

Financial

China, U.S. Boost Giorgio Armani Sales in First Half

The Italian designer expressed confidence in the resilience of his namesake company, which registered a 34 percent increase in sales in the first half of 2021, after a 2020 impacted by the COVID-19 pandemic.

clock July 25, 2021Luisa Zargani

Unilever's London headquarters.

Financial

Unilever Skincare, Prestige Beauty Sales See Robust Growth in First Half

Unilever’s overall underlying sales were up 5.4 percent to 25.8 billion euros in the six months to June 30, while profit declined due partly to cost price inflation.

clock July 22, 2021Samantha Conti

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clock 11hAllison Collins

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