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Lanvin Revenues Grow 37% as Luxury Group Builds Up
The company is looking to break even by 2024.
L’Oréal Outperformance Continues in Q1, Despite China Lag
The world's biggest beauty company saw reported sales up 14.6 percent in the three months ended March 31…
Mytheresa Warns on Sales, Profits in Fiscal 2023 Amid Market Turbulence
The e-commerce player has downgraded its expectations for GMV, sales and EBITDA against a challenging…
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Brunello Cucinelli Plans New Factory, Banks on Men’s Sartorial Growth
The company revealed its plans as it reported 34.7 percent increase in sales in the first quarter of the…
Antony Lindsay Named CEO of Fabergé
He takes over from Sean Gilbertson, who has taken on the role of executive chairman on the luxury jewelry…
David’s Bridal Files for Bankruptcy
The 70-year-old company has 300 stores, primarily in the U.S.
Consumers Became More Cautious After SVB Prompted Bank Worries
The latest readings of both retail sales and consumer confidence indicated some pullback.
Hermès Sales Jump 23% in Q1
Sales were up in Asia, the Americas and France as the demand for luxury continues.
WHP and Express Buying Bonobos From Walmart for $75M
The direct-to-consumer men's pioneer is moving on to its third chapter.
Rent the Runway Targets 25% Increase in Active Subscribers
The company has been cutting costs and sweetening its service to make the final push toward profitability.
LVMH Proclaims ‘Excellent’ Start to 2023 as Q1 Sales Rise 17%
The numbers beat analyst expectations and represent an acceleration from the fourth quarter of 2022.
Levi Strauss Shares Hit by Gross Margin Declines, Wholesale Weakness
But CEO Chip Bergh told WWD that the brand is strong and that the anniversary push on the 501 is gaining…
Zegna Group Outlines Plan to Reach 2 Billion Euros
Both the Zegna and Thom Browne brands show strength and chairman and CEO Gildo Zegna identified the end of…
Zara Parent Company Sells Russian Stores
The deal announced in October has been approved by the Russian authorities.
Levi Strauss Driven by Direct-to-consumer, International
The denim company's first-quarter EPS topped estimates, but showed a decrease from a year ago.