4 September 2024 Maison Valmont settles in China’s artistic city of Nanjing Maison Valmont, renowned for its luxury skincare products and Swiss know-how, has opened a new boutique in China,
3 September 2024 L Catterton takes a minority stake in affordable luxury leather goods manufacturer Polène The L Catterton fund recently acquired a minority stake in the Parisian leather goods house, Polène. This will
3 September 2024 Birkenstock: record quarterly sales but a cool reception from the stock market The famous German sandal brand reported record sales for the third quarter ended June. But its performance fell
26 August 2024 Japan: luxury brands fight back against the weak yen The recent depreciation of the yen encourages luxury enthusiasts to shop in Japan. However, this situation is forcing
21 August 2024 F1: TAG Heuer (LVMH) takes over from Rolex Rolex’s imminent withdrawal from Formula 1, after eleven years of partnership, leaves a void in motorsport. From 2025,
19 August 2024 Tapestry and Capri Holdings post contrasting results While Tapestry (Coach, Kate Spade and Stuart Weitzman) finished its 2023-2024 year on a high note, Capri Holdings
15 August 2024 Ralph Lauren: first quarter above expectations thanks to Europe and China Ralph Lauren has posted above-expectation earnings for its first quarter 2025. This momentum is the result of positive
13 August 2024 United States: spending on luxury goods falls 11% in July The US luxury market is experiencing a significant reduction in spending on luxury goods, particularly in the leather
9 August 2024 [CHRONICLE] State of the luxury goods market: Slowdown confirmed for the major houses in the first half of 2024 The normalization of the luxury goods industry was confirmed in the first half of 2024, with a slowdown
8 August 2024 Prada still driven by Miu Miu’s first-half momentum Prada is in robust health, with net profit climbing 25.5% to 383 million euros in the first half