MBS Intelligence

Category: Fashion & Luxury

As Bella Hadid walked down the runway at Yves Saint Laurent on Wednesday, it marked not only the close of Paris Fashion Week, but the

As we explored in our column last week, the luxury market in India is a space full of opportunity, as international fashion houses have been

Earlier this year, Elliott and I had the privilege of being shown around Bourdon House, dunhill’s flagship store in Mayfair. It has been the brand’s

In recent years, our luxury team at The MBS Group has done as much work in interiors and homewares as it has in apparel and

Fashion has always been a key driver of culture, simultaneously reflecting and steering societal changes. In the summer of 2020, we saw the fashion industry

Diversity and Inclusion in Fashion, produced in partnership with British Fashion Council, looks in depth at how diverse our sector’s leadership teams are in 2023,

Latest News

Bruno Cucinelli reports rise in sales in FY24 results. Sales rose 12.2% to €1.28bn at the close of 2024, compared with €1.14bn in 2023. Profit also grew 19.5% to €128.5m while operating profit was up 12.9%. Looking to 2025, the company said it is ‘pleased with the performance in the first quarter’.
G-III reports surge in net income. Fashion company G-III’s Q4 net income surged 69% to $48.8m and sales grew 9.8% to $839.5m. However, 2025 is expected to be challenging, as full-year sales are projected to fall slightly to $3.14bn, falling short of analysts’ $3.23bn estimate.
Hugo Boss expects flat sales in 2025. Hugo Boss Group’s sales grew 3% in 2024 to €4.3bn, driven by strong Q4 performance and growth in the Americas and EMEA. However, EBIT fell 12% to €361m due to retail impairments and higher operating costs. The company expects sales to remain flat in 2025.
Puma projects cautious outlook for current year. The German sportswear company has adopted a cautious outlook for FY25, citing weak performance in the US and China as key factors. The company now expects “currency-adjusted sales growth in the low to mid-single-digit percentage range”.
Golden Goose sees double digit sales growth. Sales grew 13% to €654.6m last year while EBITDA grew 9% to €163.4m. Revenue growth was driven by strong direct sales, supported by a number of new store openings and it is targeting more growth in 2025 focussing on experiential retail.
Safilo reports European growth despite drop in revenue. The Italian eyewear group reported revenues of €993.2m for the year ended December 2024, down 3.1% from the previous year. However, global performance improved in Q4 and solid growth in Europe offset challenges in North America last year.

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