Sales at Birkin bag maker Hermès accelerated in the second quarter, showing the resilience of global demand for the group’s high-end leather goods despite a …
Surge
Chanel to Double Capital Investments, Bolster ‘Ultimate Luxury Experience’ as Sales Surge
Chanel’s annual revenues rose 17 percent to $17.2 billion in 2022, the first year under a new chief executive Leena Nair, the family-owned French luxury …
South Korean E-Tailer Musinsa Sees Annual Sales Surge 54%
The rapidly growing fashion e-commerce company reported sales of 708.3 billion won (US$545 million) in 2022, a year on year increase of 54 percent. The …
Hermès to Pay €4,000 Bonus to Employees As Sales Surge
Hermès will pay a one-time year-end bonus of €4,000 to each of its 19,700 employees amid surging sales and profits for the French luxury house. …
Superdry Positive on Second Half as Jacket Sales Surge to Record
Britain’s Superdry on Thursday signalled a strong start to the second half as online jacket sales hit a record high amid the Black Friday shopping spree and …
THG Shares Surge on Takeover Interest From Entrepreneur Candy
THG’s shares surged 27 percent in early trading on Friday after the e-commerce company rejected a takeover proposal from two investment groups and saw buyout …