European fashion companies posted mixed results in the first quarter of FY24. Hugo Boss saw an 11 percent revenue increase in the Americas, while Hermès saw double-digit growth across all regions. Prada achieved growth of 16 percent in Asia Pacific and 46 percent in Japan. Salvatore Ferragamo faced a 30.8 percent drop in EMEA. Brunello Cucinelli reported strong growth in the Americas.
Regional performance of Europe's leading fashion brands in the first quarter of FY24
