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Global luxury brands deliver balanced performance in Q2 & Q3 FY25

23 Dec '24
6 min read
 Global luxury brands deliver balanced performance in Q2 & Q3 FY25
Global luxury brands deliver balanced performance in Q2 & Q3 FY25

Insights

  • In Q2 and Q3 of FY25, four luxury fashion companies demonstrated a balanced performance.
  • Ralph Lauren and Brunello Cucinelli reported strong results with significant growth in sales and profits across various regions, particularly in Europe and Asia.
  • Conversely, Canada Goose and Salvatore Ferragamo experienced declines in revenue and profits, affected by weak markets in Asia Pacific.

Four luxury companies, two Italian and one each from the US and Canada, reported their financial performance for the period ended September ****. The reported period from July to September was the second quarter (Q*) for two companies, while for the other two, it was their third quarter (Q*); hence, they also reported nine-month aggregate performance. With two &#**;Strong&#**; and two &#**;Weak&#**; performances, the luxury segment delivered a balanced result.

Strong: Growth In Both Sales & Profits

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