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Brunello Cucinelli Closes 2024 With Double-digit Growth, Confirms Ambitious 2030 Revenue Goals

The luxury company reported gains in sales and profitability, driven by a strong global retail and wholesale…

G-III CEO Morris Goldfarb Eyes $5B in Sales With a Changing Business, Tariffs and More

The CEO said G-III has everything it needs to grow from $3.2 billion last year to $5 billion eventually.

Despite Growth in 2024, Hugo Boss Midterm Goal Unlikely Anytime Soon

The German menswear specialist had aimed to have sales of 5 billion euros by 2025. But growth of 3 percent in…

Chengdu and Shenzhen Lockdowns Dim Luxury Prospects

Jefferies projects a 2 to 3 percent decline in luxury sales for the financial year of 2022.

Hong Kong Shows Signs of Retail Rebound

The city's premium shopping mall Harbour City saw more than 70 new store openings in the first three quarters…

China Puts Major Retail Hub Chengdu Under Citywide Lockdown

Major luxury shopping malls, such as Sino-Ocean Taikoo Li Chengdu and Chengdu IFS, were forced to close…