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New car sales in Brazil up +19.2%

New passenger car sales in Brazil increased +19.2% in the first two months of 2018, compared with the same period in the prior year, totalling 278,600 units.

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Athleisure footwear segment good for Stella

Hong Kong headquartered designer, manufacturer and retailer of footwear and leather goods, Stella International Holdings, has posted a 4.1% increase in shipment volumes and a 2.5% decline in manufacturing revenue in the three months ended September 30, 2017.

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Concerns over Lanvin’s financial status

France’s oldest luxury fashion house, Lanvin, is said to be in need for an urgent cash injection and there are fears the Company might not be able to pay its employees’ salaries in the near future.

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Richemont expects half-year profits to increase 80%

The Switzerland headquartered global luxury goods holding Group reports that trading for the six months ended September 30, showed sales rising 10% on a reported basis and 12% on a constant currency basis compared with the prior year. 

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Mercedes-Benz posts record third quarter

Germany headquartered car manufacturer Mercedes-Benz has posted its 55th record month in succession, and says it has also achieved the best third quarter in the company’s history with a total of 573,026 units delivered (+7.9%).

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