2 February 2024 Ferrari to post record net profit of over €1 billion in 2023 The iconic luxury carmaker has unveiled exceptional results for 2023, with a record net profit. This performance was
1 February 2024 Cruises are coming back stronger Criticized by environmentalists, but once again in demand by tourists in search of new experiences, cruises are on
1 February 2024 Diageo reports first-half results below expectations The world leader in spirits has announced disappointing first-half results, marked by a significant drop in sales, particularly
31 January 2024 Germany: KaDeWe announces insolvency proceedings and Paul Smith closes stores While London’s Paul Smith will close its three branches in Germany at the end of January, the KaDeWe
31 January 2024 Frasers Group strengthens its sports offering with the acquisition of WIT Fitness Frasers consolidates its footprint in the sports sector by acquiring WIT Fitness. With this renowned brand specializing in
31 January 2024 Swiss watch exports set third record in a row in 2023 World exports of Swiss watches rose by a further 7.6% in 2023, on an already high base of
31 January 2024 Aeffe Spa announces lower sales in 2023 The Italian fashion and luxury group recently announced a significant drop in sales for 2023. Executive Chairman Massimo
31 January 2024 Prestige real estate: the Côte d’Azur, a resilient and selective market in 2023 Despite global economic challenges, prestige real estate on the Côte d’Azur was active in 2023. As proof, Sotheby’s
30 January 2024 [CHRONICLE] Chinese cities that luxury brands are snapping up: Shenzhen (Part 1/3) After Shanghai and Beijing, the focus of retail network consolidation is now on new cities for new luxury
30 January 2024 Farfetch takeover bid sparks investor discontent Coupang’s takeover bid for Farfetch sparked discontent among its institutional investors, leading to the formation of the Ad