Eva Morletto

French hotel giant Accor published its annual results for 2025 on Thursday morning, February 19, reporting performance that exceeded the targets set a year ago and confirming the strength of its business model in a challenging macroeconomic environment.

On Thursday morning, French leather goods and saddlery manufacturer Hermès published its 2025 annual results, which exceeded expectations, confirming the resilience of its model in a more uncertain luxury market. At the same time, the group is continuing to recruit, invest in craftsmanship, and plans moderate price increases in 2026.

As the global luxury market enters a phase of normalization, certain European regions long considered secondary are now emerging as solid and credible growth drivers. Spain, Portugal, and Eastern Europe are shaping a new luxury landscape.

On Monday evening, Minister of Culture Rachida Dati named Victoria Beckham an Officer of the Order of Arts and Letters, while on January 23, President Emmanuel Macron awarded Pharrell Williams the Legion of Honor. These distinctions reflect institutional recognition of luxury designers

On January 19, LVMH announced the sale of its DFS duty-free assets in Hong Kong and Macau to China Tourism Group Duty-Free for approximately $395 million, according to Reuters. The transaction includes the DFS brand’s stores and intangible assets in Greater China and is expected to be finalized within two months.

After a year in 2025 marked by a decline in revenue to €977 million, Salvatore Ferragamo is exploring the possibility of bringing in a minority investor to its hotel subsidiary, Lungarno Collection. This strategic move is intended to support international expansion and diversify growth drivers, at a time when major Italian fashion houses are accelerating their shift towards experiential luxury.

This morning, February 10, Kering published its 2025 annual results, which showed a significant decline, still heavily penalized by Gucci’s poor performance. Despite a 13% drop in revenue and a halving of net profit, the group nevertheless managed to partially reassure the markets thanks to a fourth quarter that was less bad than anticipated.

In a luxury market that remains fragile, the Ermenegildo Zegna group has managed to maintain its momentum. Yesterday, February 2, the company reported 2025 revenue of approximately €1.92 billion, down 1.5% on a reported basis, but showing positive organic growth of +1.1%.

Founded in 1830, Baume & Mercier is one of the oldest players in the Swiss watch industry. However, it has never occupied a dominant position […]

The agreement between the European Union and Mercosur was signed last Saturday. By removing more than 91% of customs duties between the two areas, it becomes a crucial strategic opportunity for the European luxury industry, provided it is properly exploited.

L’Oréal published its 2025 annual results on February 12, reporting sales of €44.05 billion (+1.3%) and net profit down 4.4% to €6.13 billion. Beyond moderate growth, the group has a clear strategic ambition: to regain the Gucci Beauty license, currently held by Coty, by 2028, as part of discussions with Kering.

The 2026 Milan-Cortina Winter Olympics made sporting history with great fanfare, notably thanks to an opening ceremony that showcased Italy’s prestigious heritage in the arts, history, and luxury.

For 2025, the group led by Bernard Arnault posted overall sales of €80.8 billion, showing resistance in the face of a deteriorating luxury market. Current operating profit plunged by 9% to €17.8 billion.

On Wednesday, Burberry published its third-quarter results for fiscal year 2025, highlighting an overall positive but still mixed performance in a luxury market marked by a fragile recovery. The British fashion house recorded a 3% year-on-year increase in sales, slightly exceeding market expectations of a 2% increase.

The luxury department store group Saks Global, owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy protection on Wednesday, January 14, in the US Bankruptcy Court for the Southern District of Texas. This measure allows a company to continue operating while reorganizing its debts.