Bally’s German subsidiary enters preliminary insolvency
Swiss luxury footwear and leather goods brand Bally’s German subsidiary has entered preliminary insolvency proceedings. Read More...
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Strathberry secures investment to accelerate global expansion
Scottish luxury leather goods brand Strathberry has secured a growth investment from Soho Square Capital as it prepares to accelerate its international expansion, with a particular focus on North America and new stores. Read More...
Ferragamo H1 revenue falls 1.3% as DTC momentum continues
Salvatore Ferragamo has reported a decline in first-half revenues for 2026, despite continued growth in its direct-to-consumer (DTC) business and a return to operating profit. Read More...
LVMH Fashion & Leather Goods returns to growth
LVMH has reported accelerating sales growth in the first half of 2026, with its Fashion & Leather Goods division returning to organic growth for the first time in two years despite ongoing uncertainty in the global luxury market. Read More...
Mulberry returns to growth as turnaround strategy gains traction
British luxury leather goods house Mulberry has reported improving financial performance for the year ending March 28, 2026, as its turnaround strategy delivered higher revenues, stronger margins and significantly reduced losses despite ongoing macroeconomic challenges. Read More...
Chanel signs protocol for new Tuscany quality control hub
French luxury brand Chanel has taken a further step towards establishing a new quality control and logistics centre in Tuscany after signing a protocol agreement with the Regione Toscana and the Municipality of Serravalle Pistoiese to support the development of the project. Read More...
Richemont invests €10m to expand Italian leather hub
Richemont has expanded its leather goods manufacturing footprint in Italy with an investment of more than €10 million in its Scandicci facility near Florence, reinforcing its long-term commitment to Italian craftsmanship and greater control of its luxury supply chain. Read More...
Capri beats expectations and returns to annual profit
Capri Holdings, the global luxury fashion group, has returned to profitability in fiscal 2026 despite lower sales, supported by improved operating performance, reduced debt and continued progress in its turnaround strategy. Read More...
Burberry returns to profit as turnaround gathers pace
Burberry has reported a return to comparable sales growth and improved profitability for FY26, with momentum strengthening through the year and Q4 growth driven by Greater China and the Americas. Read More...
Chanel’s leather workshop push
Chanel has reportedly acquired five leather goods workshops, a move that highlights growing competition among luxury houses to secure manufacturing capacity. Read More...
