Core Insights - American consumers are increasingly drawn to British heritage fashion, providing optimism for Burberry's recovery despite challenges in the U.S. market [1] - Burberry's sales in the Americas increased by 4% year-on-year for the three months ending June 28, contrasting with a 4% decline in the previous quarter and a 9% drop for the entire fiscal year 2025 [2][3] Sales Performance - The luxury brand's overall group revenues fell by 1% year-on-year to £433 million ($582 million) in the June quarter, which was better than the 3% decline analysts had anticipated [3] - Sales in Europe, the Middle East, India, and Africa (EMEIA) rose by 1% in the June quarter, while Greater China saw a 5% decline and Asia Pacific experienced a 4% drop, primarily due to a slowdown in tourism in Japan [4] Consumer Trends - CEO Joshua Schulman highlighted the diverse luxury consumer base in the U.S., ranging from high-spenders to mall shoppers, indicating a broad appeal for the brand [2] - The company noted improvements across all regions, with local customers showing strength globally and sequential improvements observed in sales [5]

Burberry’s sales fell less than expected, with comparable store sales shrinking 1% in the quarter ended June https://t.co/RxbTyeTZc2 ...

Swatch Group reports another six months of falling sales and profit, hit hard by sluggish demand for luxury timepieces in China https://t.co/1ddggVwmfW ...

Core Points - Kering has released a monthly statement regarding the total number of shares and voting rights as of July 15, 2025 [3] - The total number of shares is reported to be 123,420,778, with a total number of theoretical voting rights at 176,689,404 and exercisable voting rights at 175,869,319 [3][4] Summary by Categories - **Company Information** - Kering is a société anonyme with a share capital of €493,683,112, headquartered at 40, rue de Sèvres, 75007 Paris [2] - **Shares and Voting Rights** - As of July 15, 2025, Kering has a total of 123,420,778 shares [3] - The total number of theoretical voting rights is 176,689,404, while the number of exercisable voting rights is 175,869,319 [3][4] - The calculation includes all shares with voting rights, excluding treasury shares stripped of voting rights [3][4]

Richemont quarterly sales rose as the Cartier owner proved resilient amid a wider demand downturn for luxury goods https://t.co/NCYKwalWIp ...

Core Viewpoint - Richemont reported a solid start to the fiscal year 2025, with group sales increasing by 6% at constant exchange rates, driven by strong performance in Europe, the Americas, and the Middle East & Africa, despite challenges in Japan and the Asia Pacific region [2][4][5]. Summary by Region - **Europe**: Sales increased by 11% to €1,295 million, supported by robust local demand and positive tourist spending, particularly in Italy and Germany [3][5]. - **Asia Pacific**: Sales decreased by 4% to €1,731 million, with a notable 7% decline in China, Hong Kong, and Macau, offset by growth in other Asian markets [3][5]. - **Americas**: Sales rose by 17% to €1,335 million, driven by strong local demand across all business areas [3][5]. - **Japan**: Sales fell by 15% to €527 million, impacted by a high comparative from the previous year and reduced tourist spending [3][5]. - **Middle East & Africa**: Sales increased by 17% to €524 million, led by the UAE market and higher tourist spending [3][5]. Summary by Distribution Channel - **Retail**: Sales grew by 6% to €3,734 million, accounting for 69% of group sales, with growth across all regions except Japan [3][6]. - **Online Retail**: Sales increased by 6% to €323 million, reflecting robust growth across almost all regions [3][7]. - **Wholesale and Royalty Income**: Grew by 6% to €1,355 million, driven by solid group sales performance [3][6]. Summary by Business Area - **Jewellery Maisons**: Sales rose by 11% to €3,914 million, marking a third consecutive quarter of double-digit growth [3][8]. - **Specialist Watchmakers**: Sales decreased by 7% to €824 million, primarily due to declines in China, Hong Kong, and Macau [3][8]. - **Other (Fashion & Accessories)**: Sales declined by 1% to €674 million, with notable performances from brands like Peter Millar and Alaïa [3][8]. Financial Position - The group maintained a strong net cash position of €7.4 billion as of 30 June 2025, slightly up from €7.3 billion in the previous year, after accounting for a cash-out related to the sale of YNAP [6][9].

Counterfeiters have perfected the knockoff handbag—”superfakes” they are called—and it is disrupting the economics of the luxury industry.🔗: https://t.co/D6iOh8hfeh https://t.co/jov3gNdheq ...

Counterfeiters have perfected the knockoff handbag—”superfakes” they are called—and it is disrupting the economics of the luxury industry https://t.co/Y5Wp09XSOS ...

Deferring College For Prada: Into Alexa Rivera's Unexpected Career Journey https://t.co/slj56otYM2 https://t.co/2pZbFKrhF0 ...

Counterfeiters have perfected the knock-off handbag—and it’s disrupting the economics of the luxury industry. 🔗 https://t.co/vhUAWE5Ol0 https://t.co/MurG4LWMME ...