In 2023, Longchamp also renovated its online store. The brand’s online sales increased by 56% in 2023.

As of December 31st, 2023, Ferragamo’s net sales for the fiscal year 2023 decreased by 11.1% year-on-year to 1.12 million euros (calculated at a fixed exchange rate: -8.4%).

Marco Palmieri shared market insights from his recent trip to China and the strategies for deploying the three major brands in the Chinese market.

Compared to the same period in 2021, sales in the Chinese market for the first nine months still achieved double-digit growth.

This article has selected quotes from 16 executives of luxury brands, offering insights into their perspectives on luxury and how to build luxury brands.

This article has summarized and selected 10 memorable quotes from 10 executives of luxury brands. Through their perspectives, we gain insights into the latest observations and judgments within the industry regarding luxury brand boutiques.

Jean-Marc Loubier’s role goes far beyond that of a typical brand CEO; he is a pragmatic and visionary individual with a mission to revive the world’s first luxury leather goods family heritage.

Benefiting from the improved market conditions in China in recent months, as well as the growth of the DTC (direct-to-consumer) model and brand awareness, the group’s performance in the second half of the year improved, recording a 9% year-on-year growth.

Currently, through acquisitions, Gruppo Florence has a portfolio of 26 affiliated companies and supplies over 70 luxury brands worldwide. In 2022, the group’s sales exceeded 600 million euros.

Nuti Ivo Group has a long-standing tradition in the manufacturing field, specializing in leather products since its establishment in 1955. It has emerged as one of the most prominent leaders in the international leather industry.