First-half 2026 results show luxury demand concentrating at the top end as higher prices and softer discretionary spending curb aspirational buyers.
Prada Group revenue rose 16 per cent at constant exchange rates to €3.048 billion (~$3.46 billion), while Hermès grew 6.1 per cent.
Moncler EMEA, Ferragamo wholesale and Gucci show pressure, prompting reassessment of pricing, product mix and distribution.First-half 2026 results show luxury demand concentrating at the top end as higher prices and softer discretionary spending curb aspirational buyers.
Prada Group revenue rose 16 per cent at constant exchange rates to €3.048 billion (~$3.46 billion), while Hermès grew 6.1 per cent.
Moncler EMEA, Ferragamo wholesale and Gucci show pressure, prompting reassessment of pricing, product mix and distribution.
