Italian luxury market divides: Moncler revenue rises, Ferragamo falls

In 2023, Italian luxury groups showed contrasting performances: Salvatore Ferragamo's revenue fell 7.6 percent, with declines in most markets and…

Luxury giants report mixed performance in FY23

In FY23, luxury brands had a mixed performance. Hermes reported a full-year sales increase of 21 percent, reaching €13.4 billion,…