With a few exceptions, we have come to the end of the latest luxury earnings season, and it was not all doom and gloom. As the bar chart below displays, Prada and Hermès recorded strong double-digit revenue growth (blue bar) that exceeded market expectations (red dot)...
The Q3 premium market earnings have been a bit of a mixed bag as we have been reporting over the past two weeks. To take another cut, let’s look at the year-to-date returns for a wide variety of global asset classes and compare with them with our FSW Markets All...
The FSW Markets team created an index of Instagram content shoppability with a select range of luxury brands to evaluate which brands use Instagram’s built-in shopping features and functionality. The “mostly shoppable” category is a signal of customer-centric,...
It was a generally turbulent week for global markets with most major indices closing down. The S&P 500 was down 1.4%, the FTSE 100 down 0.9%, and the Nikkei 225 was flat on the week. The CBOE Volatility Index, which many call the market’s “fear gauge” ticked up 12...
Prada released its Q3 earnings in the mid-afternoon, Central European time, on October 30 and met analyst expectations for continued strong volume growth at Miu Miu. Net revenues in Q3, compared with Q3 2023, were up 18 percent for the Prada Group. The Prada brand...
No trough in sight for Gucci On the heels of the broader slowdown in the luxury sector and clouded Q3 earnings from peers like LVMH and Swatch Group last week, Kering’s disappointing Q3 results were largely anticipated. The group, home to the fashion giant Gucci...
