Chloé, Alfred Dunhill and Lancel-owner Richemont has reported a 4% sales increase to €5.6bn (£4.8bn) in the quarter to 31 December 2023, driven by Japan and China however European revenue has fallen.
From soaring sales to devastating losses, Drapers reviews which businesses have won big in 2023 and which have been watching their bottom lines with trepidation.
Following the news that Farfetch has been acquired by South Korean retailer Coupang, and Frasers Group is circling Matches, Drapers asks what the deals could mean for luxury fashion.