On April 24, Unilever announced that its underlying sales rose by 3.0% in the first quarter of 2025 compared to the same period last year.
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On April 24, Mytheresa, the luxury e-commerce company headquartered in Munich, Germany, officially announced the completion of its acquisition of YOOX NET-A-PORTER (YNAP) from Richemont.
According to the group’s Q1 2025 financial results announced on April 23, revenue for the January–March period totaled €3.88 billion, down 14% year-on-year — a stark indication of slowed momentum across the group’s portfolio.
On April 17, L’Oréal announced its financial results for the first quarter of fiscal year 2025. The company reported sales of €11.73 billion, marking a 4.4% increase year-over-year and a like-for-like growth of 3.5%, excluding currency and structural effects.
On April 18, Italian luxury house Valentino announced its full-year financial results for 2024, reporting…
On April 17, Hermès announced its financial results for the first quarter of 2025, revealing that revenue reached €4.1 billion (approximately $5.3 billion), marking a 9% increase year-over-year (+7% at constant exchange rates).
On April 13, French luxury conglomerate LVMH Moët Hennessy Louis Vuitton announced its financial results for the first quarter of fiscal year 2025.
On April 11, fast fashion giant Shein received preliminary approval from the UK’s Financial Conduct Authority (FCA) to proceed with its initial public offering (IPO) on the London Stock Exchange.
On April 11, Tokyo-based fashion brand Ambush announced its return as an independent label.
On April 10, Prada Group officially announced that it has reached a definitive agreement to acquire the Italian luxury brand Versace from U.S.-based Capri Holdings.