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Vuitton owner LVMH posts Q1 sales surge

Shares in France's LVMH rose over 5% to record highs today after the Louis Vuitton owner posted better than expected sales growth in the first quarter, helped by thriving Chinese appetite for luxury goods.
Business • 10 Apr 18

Prada shares soar 20% as firm returns to sales growth

Shares in Prada surged 20% today after the Italian luxury goods maker said it had stemmed a slide in sales in the second half of 2017 and it expected to see growth continue this year.
Business • 12 Mar 18

Luxury goods group Hermes delivers record profit margin

French luxury goods group Hermes said today it was starting 2017 on a solid footing after delivering record 2016 profits, providing further evidence of a broader recovery in the luxury goods industry.
Business • 22 Mar 17

Hermes enjoys small rise in third quarter sales

French luxury goods group Hermes today said it saw a slight acceleration in sales growth in the third-quarter to 8.8% at constant exchange rates, up from 8.1% in the previous three months.
Business • 03 Nov 16

Burberry says sales fell in Hong Kong last year

British luxury brand Burberry cautioned today that a fall in sales in the key market of Hong Kong in the last quarter of 2014 could impact its full-year margin.
Business • 14 Jan 15

Burberry's first-half retail sales jump 15%

Burberry today posted a 15% rise in retail revenue in its first half, reflecting a strong performance across all regions and continued digital growth.
Business • 14 Oct 14

Luxury group Prada's H1 profit down 20.6%

Italian luxury goods group Prada posted a 20.6% drop in first-half net profit, weighed by sluggish consumer demand.
Business • 19 Sep 14

Growth stalls for Kering's top brand Gucci

Sales growth at Italian luxury brand Gucci almost ground to a halt in the fourth quarter and its parent company Kering reported a steep drop in profits.
Business • 21 Feb 14

Burberry posts strong Christmas sales

British luxury brand Burberry posted a 14% rise in underlying retail revenue in the Christmas quarter.
Business • 15 Jan 14

Burberry second half boosted by China demand

Burberry today posted a 10% rise in fourth quarter revenue as strong demand for its more expensive products in China helped it beat sales forecasts for the second half of the year.
Business • 17 Apr 13

Burberry's third-quarter revenue up 9%

UK luxury brand Burberry beat forecasts with a 9% rise in third quarter underlying revenue after a particularly strong week in the run up to Christmas.
Business • 15 Jan 13

Mulberry profit warning savages shares

British group Mulberry has become the latest luxury fashion brand to warn on profit.
Business • 23 Oct 12

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