In the third quarter, Ferrari’s global total shipments reached 3,383 units, a decrease of 2.2% compared to the previous year.

In the first nine months of 2024, Zegna Group’s total revenue amounted to €1.3574 billion, marking a year-on-year increase of 1.7%, though with a 4.0% decline on an organic basis.

Sales in Greater China grew by 5.7% year-on-year, with additional year-on-year growth achieved during the Golden Week holiday.

Pop Mart’s Q3 revenue in Hong Kong, Macau, Taiwan, and overseas markets surged 440%-445% year-on-year.

The Chinese market accounts for more than half of the company’s total sales.

Gucci’s leather goods category is undergoing a comprehensive overhaul, while Bottega Veneta’s outstanding performance continues to be driven by the significant success of its leather goods collections.

Gildo Zegna stated, “Our uber-luxury and bespoke services are growing.”

L’Oréal Group’s sales for the first nine months of this year increased by 6% year-over-year to €32.4 billion, with an 8.1% growth at constant exchange rates and a 6% growth on a comparable basis.

In the first nine months of fiscal year 2024, LVMH’s sales revenue decreased by 2% year-on-year to €60.8 billion, remaining flat on an organic basis compared to the same period last year.

Given the ongoing uncertainty in luxury consumer demand, Ferragamo Group expects its full-year operating results to approach the lower end of analysts’ current estimates.