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Marcolin Expands Licenses Stable, Grows Profitability in First Half
Revenues, however, declined 3.6 percent to 297.6 million euros and on a like-for-like basis, inched up 0.6…
Adidas Is Doing Better Than the Competition Because of ‘Luck, Timing, Hard Work’
Revenues at the German sportswear giant rose 11 percent over the second quarter. Reporting the results…
Miu Miu Helps Drive Double-digit Revenue Growth at Prada
Sales at Miu Miu smashed analysts' expectations, and the brand is showing no signs of slowing down.
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Giorgio Armani Stands by Own Strategy, Reports Gains in 2023 Sales
While acknowledging a slowdown in the second half of last year, Armani's group continued to grow and invest…
LVMH’s Bernard Arnault Talks Richemont Stake, Potential SpaceX Collab
The billionaire said he had only a "very minor" stake in Richemont and lauded Johann Rupert, as well as Elon…
John Idol’s Pay Fell to $10.5 Million as Capri Struggled Last Year
But the CEO stands to gain big if the company's $8.5 billion buyout by Tapestry is allowed to go through.
Nike CEO John Donahoe Scores $29.2M Pay Package
The CEO's pay package included stock awards and $6.3 million in charitable matching payments.
China Declines Hit SMCP as Action Plan Leads to 27 Million Euros in Losses
The company is closing stores and looking to put its business on a stronger footing.
Hermès Maintains Its Double-digit Pace
The French firm said it is benefiting from a "flight to quality," which sent second-quarter revenues up 11.5…
Zegna Group Reports H1 Sales Gains, Seeking Womenswear, Accessories Designer for Tom Ford Fashion
Chairman and CEO Gildo Zegna did not provide the name of a potential successor to Peter Hawkings, but the…
Unilever’s Sales, Profits Rise in First Half as Company Moves to Slash Jobs
CEO Hein Schumacher said the consumer giant's "productivity program" was working, but he did not address…
Moncler Group Beats Estimates, Reports Gains in H1 Profitability, Sales
The group is focusing on building its business in the Americas and China, as management expressed confidence…
Kering Issues New Profit Warning After Net Profit Halved in H1
Organic sales at Gucci were down 19 percent in the second quarter, below market expectations.
LVMH Net Profit Falls 14% in H1 2024 as China Slowdown Bites
Organic revenues in the key fashion and leather goods division were up 1 percent in the second quarter.
Iris Ventures Leads 20 Million-euro Investment in Sweden-based Sports Nutrition Brand Maurten
Maurten specializes in formulas that help athletes perform better without gastrointestinal distress, and is…