Hermès Bucks Luxury Slowdown as Sales Gain 11% in Q3, as Loyal Clients in China Upped Spend
Hermès International (RMS) Q3 2024 results are in: Sales continued to grow apace at 11.3 percent in the third quarter, outpacing Kering, LVMH
24 Oct 05:53 · WWD
Things aren't looking great at Gucci, and Kering says its APAC slump is to blame
Gucci had a challenging third quarter partly due to its APAC slump, per Kering's latest earnings call.The Italian luxury brand's sales dropped 25%
24 Oct 07:22 · Business Insider Nederland
Hermes bucks trend to post rising sales
French luxury group Hermes posted Thursday a jump in third quarter sales, bucking the overall gloom in the sector caused by falling sales in China. China is the world's biggest spender in the luxury sector, accounting for half of global sales.
24 Oct 08:18 · YEN.com.gh
Hermes bucks trend to post rising sales
French luxury group Hermes posted Thursday a jump in third quarter sales, bucking the overall gloom in the sector caused by falling sales in China. China is the world's biggest spender in the luxury sector, accounting for half of global sales.
24 Oct 08:18 · Legit
Gucci Revenue Dives by 25%, Kering Warns of Weakest Annual Profit in Years
As the global luxury slowdown continues to choke sales at the biggest luxury labels.
23 Oct 20:20 · Hypebeast
Kering Deepens Austerity Measures as Profit Outlook Worsens
The Kering Group (KER.PA) Q3 2024 earnings are in: The group issued its third profit warning this year as Gucci again missed market forecasts.
23 Oct 15:50 · WWD
last updated on 24 Oct 11:17