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luxury

BRIEF: Prada to acquire Versace for $1.4 billion

Luxury brand owner Prada Group (1913.HK) said on Thursday it will acquire GIVI Holding, owner of the Versace brand, for $1.38 billion in cash. Upon completion of the deal GIVI…
April 11, 2025
1913.HK

BRIEF: Lanvin revenue falls 23% in ‘transitional’ 2024

Luxury brand owner Lanvin Group (LANV.US) on Friday said its revenue fell 23% in 2024 during “a transitional year marked by creative evolution and strategic realignment amid market headwinds,” and forecast…
March 3, 2025
LANV.US
Lanvin names new chief

Battered Lanvin hopes for better 2025 as executive revolving door keeps turning

China’s answer to global luxury brand operators has named a new top executive, as it struggles with frequent departures and the worst global luxury goods market in 15 years Key…
January 23, 2025
LANV.US
Lanvin's revenue rises 1% in 2023

Lanvin Group lacks shine amid luxury market slump

The Shanghai-based luxury goods company owned by conglomerate Fosun posted just 1% revenue growth last year, with the figure contracting in the second half Key Takeaways: Lanvin Group’s revenue grew…
May 9, 2024
LANV.US
Lanvin revenue grows 1% in 2023

NEWS WRAP: Lanvin business stagnates in 2023

The unit of Chinese conglomerate Fosun reported its revenue rose just 1% last year as the global luxury goods market stalled    By Teri Yu Luxury fashion brand operator Lanvin…
February 23, 2024
LANV.US

Lanvin inaugural results: Belle of the ball, or luxury runner-up?  

The owner of several high-end fashion brands touted record sales and margin improvement for 2022, but revenue fell short of its earlier projection and its net loss widened Key Takeaways:…
April 26, 2023
LANV.US

ATRenew steps on efficiency pedal in drive to sustainable profits

The recycling specialist reported a second consecutive quarter of profitability on an adjusted basis in the fourth quarter, and could turn profitable on that basis for the full year in…
March 22, 2023
RERE.US
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Recent Articles

April 11, 2025

BRIEF: Prada to acquire Versace for $1.4 billion

1913.HK
March 3, 2025

BRIEF: Lanvin revenue falls 23% in ‘transitional’ 2024

LANV.US
January 23, 2025

Battered Lanvin hopes for better 2025 as executive revolving door keeps turning

LANV.US
May 9, 2024

Lanvin Group lacks shine amid luxury market slump

LANV.US
February 23, 2024

NEWS WRAP: Lanvin business stagnates in 2023

LANV.US
April 26, 2023

Lanvin inaugural results: Belle of the ball, or luxury runner-up?  

LANV.US
March 22, 2023

ATRenew steps on efficiency pedal in drive to sustainable profits

RERE.US

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