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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 results that not only fell short of market expectations but also lagged behind the momentum exhibited by some of its contemporaries. In contrast, Richemont, the parent company of Cartier, delivered a strong and unexpected...

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Despite positive Q3, VF's Q4 outlook and dividend cut raise concerns

VF Corporation’s third quarter revenue was 2.8 billion dollars, up 2 percent driven by contributions from growth across regions with global strength at The North Face and Timberland brands, while Vans showcased a sequential improvement. The financial results for its third quarter fiscal 2025 ended December 28, 2024, were published today. VF’s...

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Future Institute forecaster: 'Simply selling stuff is not a model for the future'

The clothing industry is suffering from dampened consumer spending, but what macro trends lie behind this phenomenon? Boris Planer, expert for retail and consumer goods at the Frankfurt Future Institute, explains in this interview what the dominant trends of our time could mean for fashion. One hypothesis: in the face of a shift in values and a...

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LVMH: Annual revenue declines by two percent

French luxury conglomerate Moët Hennessy Louis Vuitton (LVMH) felt the impact of challenging market conditions in fiscal year 2024. On Tuesday evening, the group announced declines in revenue and profit, as expected. Group revenue for the past year amounted to €84.7 billion. This represents a two percent decrease compared to the record year...

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