recurring

Leather goods help deliver record results for LVMH Group

Published: January 27, 2023

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, recorded revenue of €79.2 billion in 2022 and profit from recurring operations of €21.1 billion, both up 23%.

Kering reports growth for first half of 2022

Published: July 28, 2022

Kering has reported its H1 2022 financial results, achieving a reported revenue increase of 23% to €9.93 billion (up 16% on a comparable basis).

All houses contributed to Kering’s strong H1 performance

Published: July 28, 2021

The France-headquartered luxury conglomerate has reported consolidated revenue of €8,047.2 million, up 49.6% as reported and 54.1% on a comparable basis; recurring operating income of €2,237.0 million, up 134.9%; recurring operating margin of 27.8%; net income of €1,479.0 million, attributable to the group; as well as recurring a net income attributable to the group of €1,477.4 million.

Strong profitability for Kering in first half

Published: July 29, 2019

Consolidated revenue for the French luxury conglomerate stood at €7,638.4 million for the first half of 2019, up 18.8% as reported and 15.3% on a comparable basis.

Changing consumer tastes affecting Yue Yuen results

Published: March 26, 2019

Recurring profit for the Hong Kong headquartered footwear manufacturer declined -35% in 2018 to US$325.7 million, compared with US$500.8 million in the previous year.

Gucci and YSL deliver exceptional annual growth

Published: February 13, 2019

In 2018, luxury fashion labels Gucci and Saint Laurent recorded a +36.9% and +18.7% increase in revenues, respectively, compared with the previous year, while revenues for Bottega Veneta were down -3.4% on a comparable basis, pending the inaugural collections from the new Creative Director.

Sharp drop in profit for Yue Yuen

Published: November 16, 2018

Unaudited consolidated results for the nine months ending September 30, 2018, show that profit attributable to owners of the Company declined -48.3%, year-on-year.

Revenue growth for Yue Yuen

Published: November 16, 2017

Branded footwear manufacturer, Yue Yuen Industrial Holdings, has announced a 6.7% increase in revenue to US$6,718.0 million in the first nine months of 2017, compared with the same period in 2016.

Yue Yuen to change strategic emphasis

Published: March 31, 2017

Yue Yuen International Holdings has reported a 0.5% increase in revenue in 2016 to US$8.48 billion, but a 1.6% decline in revenue for its footwear manufacturing business.

Casual and outdoor footwear sales dip for Yue Yuen

Published: August 15, 2016

Yue Yuen Industrial (Holdings) Limited announced August 13 its unaudited consolidated results for the first half of Fiscal Year 2016 from January 1, 2016 to June 30, 2016.