Accessories
Steve Madden raises 2022 guidance
The New York-based designer and marketer of footwear, accessories and apparel for women, men and children reported record revenue of 559.7 million US dollars in the first quarter of 2022
Kering reports solid performance
The French-based luxury group posted solid growth in the first quarter of 2022. However, COVID-19 restrictions in China since March have weighed down on results, especially Gucci’s
Hermès reports strong sales across all segments
The French-based luxury group reached revenue of 2.77 billion euros in the first quarter of 2022, thanks to the acceleration in all the business lines and sustained growth in leather goods
LVMH off to a good start in 2022
The luxury group reported revenue growth in the first quarter of 2022, but remains vigilant due to "the current geopolitical context and the ongoing impact of the pandemic”, especially in China
Designer Brands plans to double sales by 2026
The North-American designer, producer and retailer of footwear and accessories has announced that it expects to reach a 4 billion US dollars revenue by 2026
Designer Brands posts full year 2021 results
The North-American designer, producer and retailer of footwear and accessories has reported fourth quarter record sales of 822.6 million USD and full year revenue of 3.2 billion USD
Hermès to open two new leather goods workshops by 2026
The two workshops, which will employ 500 people, will allow the French luxury house to increase its production capacity while remaining committed to its artisanal culture
Steve Madden announces record revenue
The New York-based designer and marketer of footwear, accessories and apparel has reported revenue of 1.9 billion US dollars in 2021. Revenue in the fourth quarter grew by 63.9%
DSW to invest 2 million USD into footwear factory in the US
Designer Brands, the parent of shoe retailer DSW, will partner up with Pensole College, ran by the footwear designer Dr. D’Wayne Edwards, to advance its diversity, equity and inclusion strategy. Thus, it will invest into the first black-owned factory in the US
Hermès posts strong performance in 2021
The French-based luxury group reported an increase in revenue of 42% at constant exchange rates, and 41% at current exchange rates, as compared to 2020, reaching 8.98 billion euros
Capri on growing mode
The fashion luxury group has posted revenue and earnings above expectations in the third quarter of fiscal 2022, raising once again its full year outlook
LVMH posts revenue above pre-pandemic levels
The luxury group has reported strong growth over 2021, following the disruption of the first half of 2020 resulting from the global pandemic. Revenue for the full year reached 64.2 billion euros
Kurt Geiger to open 13 to 15 stores in the UK
The Chief Executive of Kurt Geiger, Neil Clifford, has told the daily The Times that the British retailer is planning to open a new shop every month of the current year
La Maison des Startups LVMH chooses 23 new startups
The luxury group has selected 23 new startups to join in the accelerator programme La Maison des Startups LVMH, which fosters the development of innovative solutions for the luxury industry-
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