Global luxury and sports brands report mixed results for first half of fiscal year 2024

Two luxury and two sports companies announced their results for the second quarter and the first half of the 2024 financial year. Brunello Cucinelli and Puma both posted strong results. Amer Sports reported moderate sales growth but a loss in profits, while Salvatore Ferragamo reported a decline in both sales and profits. Brunello Cucinelli's revenues grew by 14.1%, Puma's by 2.1%, while Salvatore Ferragamo's fell by 12.8%.

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