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Global luxury & sports brands report diverse H1 FY24 results

23 Sep '24
6 min read
Global luxury & sports brands report diverse H1 FY24 results
Global luxury & sports brands report diverse H1 FY24 results

Insights

  • Two luxury and two sports companies reported their Q2 and H1 FY24 results.
  • Brunello Cucinelli and Puma delivered strong performances.
  • Amer Sports saw moderate growth in sales but losses in profits, while Salvatore Ferragamo reported a decline in both sales and profits.
  • Brunello Cucinelli's revenues grew by ***.* per cent, Puma by *.* per cent, while Salvatore Ferragamo's dropped by **.* per cent.

Two luxury and two sports companies concluded their Q* and H* for FY** (January to December ****) on June **, ****. Their overall balanced performance resulted in one luxury and one sports company delivering strong performance, while the remaining luxury and sports companies delivered moderate and weak performance, respectively.

Strong: Growth in Both Sales & Profits

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