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Hermes Posts Increased Profits | Fashion Firm Cautious About Rest of 2012

Hermes Posts Increased Profits | Fashion Firm Cautious About Rest of 2012

Europe's financial crisis doesn't seem to have hit Hermes International. The French brand reports its first quarter sales rose by almost 22%, buoyed by strong demand in Asia, Europe, and the Americas.

Its sales rose to 21.9%, or the equivalent of 776.9 million euros, for the quarter ending March ...


Burberry Joins Billion Dollar Club | British Firm Posts Record Sales

Burberry Joins Billion Dollar Club | British Firm Posts Record Sales

Burberry has joined the ranks of Prada, Gucci, and Louis Vuitton by posting record sales of ₤1 billion over the last six months.

Industry experts say that in joining the billion dollar club, Burberry has completed one of the most impressive transformations in fashion. Once a niche ...


Christian Dior Posts Big Profits | Fashion House Does Big Business Without Creative Director

Christian Dior Posts Big Profits | Fashion House Does Big Business Without Creative Director

We're all starting to tire of Christian's Dior's reluctance to name a successor for disgraced former creative director John Galliano, but it seems their silence is paying off on the sales front.

When Galliano was shown the door after his anti-Semitic comments I wondered what sort of ...


Michael Kors Profits Surge | Handbag Label’s Impressive Third Quarter Results

Michael Kors Profits Surge | Handbag Label’s Impressive Third Quarter Results

Accessories are behind big third quarter profits at Michael Kors. The fashion house posted a $39 million profit for the quarter ending December 31, compared with $27.8 million at the same time last year.

Increased sales in watches and leather goods, including handbags and wallets, drove the surge, particularly ...


LVMH Posts 2011 Profits | Fashion Giant Exceeds Forecasts

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

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 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

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 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’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

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 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 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

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

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

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

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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