Swiss Watch Exports Continue on Downward Trend in December
The contraction in Swiss watch exports intensified in December with a decline of 5.4%, resulting in a total value of 2.0 billion Swiss francs ($2.21 billion), according to data from the Federation of ...
laconceria4h
Good things come in threes: in the last quarter Zegna returns to growth
There's no 2 without 3: after Richemont and Burberry, the Zegna group also returns to growth in the last quarter of 2024 ...
Swissinfo5h
Swatch Profit Plunges Almost 75%, Hit by Weakness in China
Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.
Swatch posts steep drop in sales and profit as China struggles
Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...
LVMH’s better than expected Q4 brings hope that the luxury slump is coming to an end, says GlobalData
Following yesterday’s release of LVMH’s figures for the the year ending 31 December 2024; Louise Deglise-Favre, senior apparel analyst at GlobalData, a ...
FashionUnited21h
Luxury’s uneven runway: LVMH takes a tumble as rivals soar
French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered ...
brandequity.economictimes.indiatimes21h
LVMH touts good start to 2025 but Q4 results underwhelm
LVMH has made a strong start to 2025, posting a 1% rise in Q4 sales despite market expectations of a decline. CEO Bernard ...
LVMH shares set for biggest drop in over a year on fading recovery hopes
By Mimosa Spencer and Danilo Masoni PARIS (Reuters) -Shares in LVMH were on track for their largest drop in 14 months on ...
Can luxury stocks sustain growth amid economic headwinds?
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...