European luxury fashion giants navigate mixed Q3 retail landscape

Europe’s luxury fashion sector saw mixed retail performance in Q3.
Kering reported a 6 per cent revenue decline, with Gucci down 7 per cent.
Prada grew by 10 per cent.
Hugo Boss saw an 8 per cent increase due to improved store productivity.
Marimekko’s retail sales grew by 3 per cent, while Ermenegildo Zegna’s revenues soared by 29.9 per cent.Europe’s luxury fashion sector saw mixed retail performance in Q3.
Kering reported a 6 per cent revenue decline, with Gucci down 7 per cent.
Prada grew by 10 per cent.
Hugo Boss saw an 8 per cent increase due to improved store productivity.
Marimekko’s retail sales grew by 3 per cent, while Ermenegildo Zegna’s revenues soared by 29.9 per cent.