In a challenging landscape for luxury brands, Brunello Cucinelli stands out with impressive revenue growth, underscoring a strategic focus that appears to resonate well with today’s high-end consumers. The company reported a significant 12.7% rise in revenues at constant exchange rates for the first nine months of this year, a trend that shines brightly against […]
Adidas Raises 2024 Guidance Again, Citing Good Brand Momentum
Adidas, the German sportswear giant, showcased its remarkable recovery strategy on October 15, announcing a revision of its 2024 sales and profit forecasts. Citing unexpected strong performance in the third quarter, Adidas reported a surge in demand for its classic Samba and Gazelle shoes, driving a significant upgrade in its financial outlook. This marks the […]