In FY24, two luxury fashion companies reported positive financial results. Canada Goose saw a 22 per cent increase in fourth-quarter revenue to $261.26 million and a 10 per cent increase in full-year revenue, although its operating profit declined. Ralph Lauren Corporation achieved a 3 percent revenue increase to $6.6 billion, with net income increasing to $646 million.
Global luxury brands make financial gains in FY24
