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LVMH Posts 2011 Profits | Fashion Giant Exceeds Forecasts
Strong sales in Asia have helped LVMH and its fashionable companies exceed full-year profit forecast for 2011.
The luxury conglomerate's net income rose a modest 1% last year to 3.07 billion euros, exceeding estimates of 3.06 billion euros. It's a small win, but a significant one in the light of ...
Vera Bradley Increases Profits | Sales Up at American Handbag Brand
High end designers like Mulberry and Prada aren't the only ones thriving in these tough financial times. More modest accessories label Vera Bradley is also enjoying its share of success, with a big 32% sales increase in the third quarter of the ...
Mulberry Increases Profits | Fashion House Expands International Operations After Strong Financial Results
Mulberry has enjoyed more success, posting an increased pre-tax profit of £15.6 million in the last six months, up from £4.7 million in the period prior.
Those profits saw the fashion house's revenue increase by 62% to £72.3 million, compared with £44.7 million in ...
Prada Increases Sales | Leather Handbags Help Miu Miu Boost Profits
The continued popularity of the Prada and Miu Miu labels has helped Prada Spa enjoy a 75% increase in sales for the year's third quarter. The company posted a net profit of €93.6 million, or roughly $125 million US, which is significantly more than the €89.9 million ...
Christian Dior Profits Up | Sales Increase During Controversial Year
Christian Dior seems unaffected by the untimely exit of anti-Semitic creative director John Galliano. The company has posted a 21% increase in earnings for the year to date.
Perhaps the results prove the old adage that no publicity is really bad publicity. Dior has enjoyed plenty of ...
Burberry’s Profits Up | British Fashion House Increases Sales by 30%
Burberry continues to defy the current financial climate after it posted a 30% sales increase for the first half of the year. Total revenue for the first and second quarters rose to 830 million pounds, or roughly $1.29 billion US dollars, up from 641 million pounds in 2010.
These ...
Prada Sales Increase | Strong Results In Asia Boost Profits for Fashion House
Strong sales in Asia and the opening of several new stores have seen Italian fashion house Prada S.p.A post a 74% increase in its half-year profits.
It's been a stellar year for Prada so far. The company posted a net income of $245 million for the first ...
Mulberry Posts Big Sales Increases | Handbags & Online Purchases Drive Profits
Mulberry has posted a whopping 385% increase in profits during the last year, defying global economic sales trends.
The jump was no doubt inspired by the opening of nine new stores in Asia, the Middle East, Europe, and Australia. Online sales also played their part, with an increase in ...
Hermes Sales Increase | Handbag Brand on Target for Record Yearly Profits
Hermes continues to go from strength to strength, with the luxury French brand posting a 30% increase in revenue for the year's third quarter.
The greater sales figures are credited to the success of the label's famous accessories, including silk scarves, timepieces and, of course, handbags. While It bags ...
Mulberry’s Sales Up | British Handbag Brand Records Increased Profits
It seems that everyone's mad about Mulberry, with the fashion brand posting a massive sales increase of 79% in the last ten weeks compared to the same time in 2009.
The British label enjoyed particularly strong sales in the Far East, and at its new flagship store in ...
Affordable Handbags Help Coach Increase First Quarter Profits
Coach's decision to slash handbag prices has paid off. The brand has posted a 37% profit increase for the first quarter of the year.
Some might have seen Coach's strategy to cut handbag prices by 12% and price more purses under the $300 mark as a risky one. However, it seems ...
Alexa Chung Handbags Drive Mulberry Profits Past Forecast
Mulberry has exceeded its predicted profits this year, and it has Alexa Chung to thank. Fashion fans have been quick to embrace the brand's Alexa range designed for the British television personality and former MTV host.
Since the Alexa collection's launch last month, department stores including Selfridges and Harrods ...
Louis Vuitton Boasts Impressive Financial Numbers Despite Continued Economic Crisis
People might be making a lot of cutbacks and tightening the proverbial belt as of late, but it doesn't appear to be slowing down fashion designer label Louis Vuitton.
This powerhouse of a brand has continued plugging along and bringing in the sales. Perhaps they aren't as outrageous as past numbers, but ...
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