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Luxury giant says Chinese market makes up for U S downturn

Luxury giant says Chinese market makes up for U S downturn
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United statesNew yorkEdouard aubinLuca lisandroniBrunello cucinelliJean jacques guionyMorgan stanleyNew york times

Brunello Cucinelli Again Raises 2023 Sales Guidance

Cucinelli said he expected to close 2023 with growth in revenues of between 17 and 19 percent.

United statesSouth koreaHong kongUnited arab emiratesBrunello cucinelliBruno pavlovskyLuca lisandroniPiergiorgio cariaggiNorth americaNeiman marcusMiddle eastCariaggi lanificioNorth americanMiddle eastern50 percentRowth estimates

Brunello Cucinelli Again Raises 2023 Sales Guidance

Reporting a 31 percent sales increase in the first half of 2023 at his namesake company, Brunello Cucinelli raised the 2023 revenues guidance again.

United arab emiratesUnited statesSouth koreaHong kongBruno pavlovskyLuca lisandroniBrunello cucinelliPiergiorgio cariaggiNorth americaNeiman marcusMiddle eastCariaggi lanificioNorth americanMiddle eastern

In China, It s Time to Splurge Again, and the Luxury Industry Is Relieved

The end of pandemic-era restrictions has unleashed a luxury spending rebound in China. Which Western brands are coming out on top?

Hong kongFrance generalZhang yuanClaudia darpizioLuca lisandroniParibas exaneAntoine belgeEdouard aubinThomas chauvetLouis vuittonAnnie yiBrunello cucinelliZoe zhouChina national bureau of statisticsMorgan stanleyTiffany company

Will 2023 Be Another Golden Year for Luxury Retail in China? – WWD

China's luxury market is set to reach $118.3 billion by 2025, accounting for more than 25 percent of the global market, according to PwC.

United statesFrance generalHainan provinceHong kongAxel dumasJacques weiLuca lisandroniCarina lauBernard arnaultGetty imaSusan fangBrunello cucinelliLouis vuittonMichelle yeohKevin jiangVivienne westwood