Management
Mulberry sales decline 4 percent in FY24
In a year end trading statement, Mulberry Group said, against a backdrop of challenging macroeconomic conditions and a decline in luxury consumer spending, group revenue declined 4 percent or 2.7 percent on CER versus the prior year. Commenting on the update, Thierry Andretta, Mulberry’s chief executive officer, said: "While we achieved positive...
Management
Hugo Boss reports sales and profit growth
In the first quarter of 2024, Hugo Boss sales amounted to 1,014 million euros, an increase of 6 percent currency adjusted, with revenue improvements across both brands, all regions, and all distribution channels. In group currency, revenues expanded by 5 percent. The company said in a release that EBIT grew by 6 percent to 69 million euros,...